Question: Tull Company performed services in June for a specific customer for a fee of $2,230. Payment was received the following July. (a) Was the revenue
Tull Company performed services in June for a specific customer for a fee of $2,230. Payment was received the following July.
(a) Was the revenue earned in June or July?
(b) What accounts should be debited and credited in
(1) June and
(2) July?
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