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a. In November, Murphys Consulting Company sold a service contract to perform consulting services for a customer for six months. The customer paid Murphys Consulting
a. In November, Murphys Consulting Company sold a service contract to perform consulting services for a customer for six months. The customer paid Murphys Consulting Company $3,000 for six months service in November. It was expected revenue would be earned evenly over the six months. What is the adjusting journal entry for December?
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