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1.In addition, Jones, Inc. earned service revenue of $10,000 on December 15.The customer was granted credit (it was on account). 2.On December 15, 2014 Jones

1.In addition, Jones, Inc. earned service revenue of $10,000 on December 15.The customer was granted credit (it was on account).

2.On December 15, 2014 Jones Inc. received their telephone bill for $200.Jones decides to pay the bill at a later time.

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