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Home Q & A Board Other Fields Homework Help Business Accounting
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StormLrd StormLrd
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6 years ago
On October 31 of the current year, a contract was signed and a cheque received for services to be performed by October 31 of the following year. The Unearned Service Revenue account was credited for $4,800. Assuming services were performed evenly during the remainder of the year, the adjusting entry on December 31 will involve a:
A) credit to Unearned Service Revenue $800
B) credit to Service Revenue for $4,000
C) credit to Service Revenue $800
D) debit to Unearned Service Revenue $4,000
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Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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AlexmosutheAlexmosuthe
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6 years ago
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StormLrd Author
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6 years ago
Correct Slight Smile TY
Mcb
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Yesterday
this is exactly what I needed
loki1345
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2 hours ago
Thank you, thank you, thank you!
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