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A law firm received 1 5 6 0 cash for legal services to be rendered in the future. The full amount was credited to the
A law firm received cash for legal services to be rendered in the future. The full amount was credited to the liability account Unearned Service Revenue. If the legal services have been rendered at the end of the accounting period and no adjusting entry is made, this would cause:
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Analysing Financial Performance Using Integrated Ratio Analysis
Authors: Nic La Rosa
1st Edition
0367552523, 978-0367552527
