eCatalog Services Company performed services in October for a specific customer, for a fee of $7,890. Payment

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eCatalog Services Company performed services in October for a specific customer, for a fee of $7,890.

Payment was received the following November.

(a) Was the revenue earned in October or November?

(b) What accounts should be debited and credited in (1) October and (2) November?

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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