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A Company has performed $4,500 of auditing services for a client but has not billed the client as of the end of the accounting period.

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A Company has performed $4,500 of auditing services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must the company make?* Debit Cash and credit Unearned Revenue $4500 Debit Unearned Revenue and credit Service Revenue $4,500 Debit Accounts Receivable and credit Service Revenue $4,500 None of the above A Company purchased a computer system for $4,000 on May 1, 2020. The company expects to use the computer system for 3 years. It has $400 salvage value. Yearly depreciation expense on the asset is: * $300 $800 $1,200 $1,333.33 None of the above

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