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ABC Catering received $840 cash from a customer for catering services to be provided next month. Given the choices below, determine the general journal entry
ABC Catering received $840 cash from a customer for catering services to be provided next month. Given the choices below, determine the general journal entry that ABC Catering will make to record the cash receipt. Assume the companys policy is to initially record prepaid and unearned items in balance sheet accounts.
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