SERVICE REVENUE Kibitz Fitness received $12,000 from customers on September 30, 2009. These payments were advance payments
Question:
SERVICE REVENUE Kibitz Fitness received $12,000 from customers on September 30, 2009. These payments were advance payments of yearly membership dues.
Required:
At December 31, 2009, calculate what the balances in the Unearned Service Revenue and Service Revenue accounts will be.
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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