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tftc4e tftc4e
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5 years ago
On December 15, Duncan Services Company collected revenue of $3,000 in advance from a new client, and agreed to provide services to the client for the period of December 15 through January 15 of the following year. Assume that the company records deferred revenues using the alternative treatment, and journalize the adjusting entry recorded on December 31.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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branbran2k16branbran2k16
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5 years ago
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tftc4e Author
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5 years ago
Helps a lot... Now I'm ready for my quiz
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