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Analyze the following transactions that took place in January Determine the amount of revenue and/or expense (if any) to be recorded in January Revenue Recognized
Analyze the following transactions that took place in January Determine the amount of revenue and/or expense (if any) to be recorded in January Revenue Recognized $ 15,400 Expense Recognized $ 1.850 Received $15.400 cash for consulting services rendered in January Received utility bill for January for the amount of $1,650 due February 15th Received 510,650 cash for consulting services, 58.000 in January and the romainder in February Received $17,300 cash for consulting services rendered in December Provided $107.000 in service to customers with $100.500 on account and rest received in canh Paid ront for the month of January in the amount of $2.000
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