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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Related Book For
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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