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At December 3 1 , 2 0 2 2 , the accounting records of Starbucks, Inc. reflected the following: During January 2 0 2 3
At December the accounting records of Starbucks, Inc. reflected the following:
During January the following transactions occurred:
Jan Collected $ in cash from customers on account.
Jan Paid creditors $ of what was owed on account.
Jan Received $ cash from customers for services rendered.
Jan Received $ for services to be performed in March.
Jan Billed customers for $ of services rendered.
Jan Declared and paid a cash dividend of $
Jan Paid employee wages for the month of $
Jan Supplies on hand at the end of the month amount to $
The journal entry to record the Jan transaction would include a:
Select one:
a Debit to Service Revenue
b Credit to Unearned Revenue
c Credit to Accounts Payable
d Credit to Service Revenue
e Debit to Accounts Receivable
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