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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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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