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Dec. 1: Collected $7,500 cash in advance from customers. The service revenue will be eamed $1,500 monthly over the five-month period ending February 28, 2019.
Dec. 1: Collected $7,500 cash in advance from customers. The service revenue will be eamed $1,500 monthly over the five-month period ending February 28, 2019. Record the related adjusting entry at December 31, 2018 Date Dec. 31 Accounts and Explanation Uneared Revenue Service Revenue To record service revenue that was collected in advance n i sl nontor i number in the innuit finds and then click Check
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