A roofing company collects payment when jobs are complete. The work for one customer, whose job was bid at $4,900, has been completed as of December 31, but the customer has not yet been billed. Assuming adjustments are only made at year-end, what is the adjusting entry the company would need to make on December 31, the calendar year-end? Multiple Choice Debit Cash, $4,900; credit Roofing Revenue, $4,900. Debit Roofing Revenue, $4,900; credit Accounts Receivable, $4,900. Debit Accounts Receivable, $4,900; credit Roofing Revenue, $4,900.

A roofing company collects payment when jobs are complete. The work for one customer, whose job was bid at 54,900, has been completed as of December 31, but the customer has not yet been billed. Assuming adjustments are only made at year-end, what is the adjusting entry the company would need to make on December 31 , the calendar year-end? Multiple Choice Debit Cash, \$4,900; credit Aooting Revenue, 54,900 Debit Roofing Revenue, 54,900, credit Accounts Aecelvable, 54,900 Debit Accounts Recelvable, $4,900, credit Roofing Revenue, $4,900