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Copley Company was paid $3.000 in December of Year 1 for services to be performed in Year 2. Copley Company has a 12/31 year end

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Copley Company was paid $3.000 in December of Year 1 for services to be performed in Year 2. Copley Company has a 12/31 year end Which of the fe effects of the appropriate Year 2 entry after peforming the services? Multiple Choice Cash Flow Assets $13,000) Liab $13.000) Equity n/a Rev nia Exp nila Net ind! n/a nia Assets Liab $13,000) Equity $3,000 HI Rev $3.000 Exp na Net Inc $3.000 Cash Flow n/a nia Liab + Exp Cash Flow Assets $3000 Equity $3.000 Rev $3.000 Net Inc! $3.000 nia nia nia Assets $3.000 Liab n/a Equity $3,000 Rev $3000 Exp wa Net Inc $3 000 Cash Flow $3.000 OA - Assets $13,000) Liab $(3.000) Equity na Rev n/a - TO Exp $3000 Net Inc $3.000) Cash Flow $6.000) FA Saved Help Se ber of Year 1 for services to be performed in Year 2. Copley Company has a 12/31 year end Which of the following correctly shows the Deforming the services? Exp Net Inc Cash Flow Equity n/a Rev n/a 00) n/a n/a nla Net Inc - ab 2000) Equity $3000 Rev $3,000 Exp n/a Cash Flow nila $3,000 Viewing Modes + Low Blue Light Equity $3.000 Liab n/a Cash Flow nia Rev $3.000 Net Inc $3.000 Exp n/a Night Reading HP Enhance+... 101 EXD Cash Flow S3000 OA Net Inc $3.000 Gaming - FreeSync Equity $3,000 Liab n/a Rey $3.000 nia Movie Photo Custom Cash Flow $3,000) FA Rey Equity Net Inc $13.000) $3000 Lion ole Choke Rev Assets $(3.000) U Lab $3,000) Equity nla Exp wa wa Net Inc nila Cash Flow n/a Assets + Liab $13,000) Equity $3,000 HU n/a Rey $31000 EXP nila Net Inc 33 000 Cash Flow na N Assets $3,000 Cash Flow A Liab n/a Equity $3,000 Rev $3.000 HI EXD nia Net ind 531000 ha Assets $3.000 Lab nla + 1111 Equity $3.000 Il Rev 5300000 Exp nia Net ind $3,000 Cash Flow $3.000 OA HI Assets $3000 AS LED $3000) Equity na Rey na Exp $3.000 Net Inc S(3.000) Cash Flow $13,000) FA

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