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$72. The journal entry to recognize two months of revenue from the service contract would be: Johnson Lighting sold a light fixture (cost of $300)
$72. The journal entry to recognize two months of revenue from the service contract would be: Johnson Lighting sold a light fixture (cost of $300) for $500 to a customer. The customer paid cash. The sales price included a one-year service contract valued at O O A. debit to Uneared Revenue for $72; credit to Service Revenue for $72. B. debit to Service Revenue for $12; credit to Uneamed Revenue for $12. C. debit to Service Revenue for $72; credit to Uneamed Revenue for $72. O D. debit to Unearned Revenue for $12, credit to Service Revenue for $12. Click to select your answer. www.quizsol.com shop financial managerial account . no
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