On July 3, a deposit in the amount of $ 5,000 was received for services to be
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On July 3, a deposit in the amount of $ 5,000 was received for services to be performed. By the end of the month, services in the amount of $ 1,200 were performed. Prepare journal entries for the original receipt of the deposit and the adjusting entry on 31st July.
Related Book For
Introductory Statistics Exploring the World Through Data
ISBN: 978-0321978271
2nd edition
Authors: Robert Gould, Colleen Ryan
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