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Don's Computer Servicing, Inc., a service company that provides installation services for computer programs, had a service revenue transaction in the amount of $300,000 on

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Don's Computer Servicing, Inc., a service company that provides installation services for computer programs, had a service revenue transaction in the amount of $300,000 on May 31, 2018 customer chose to put the balance owed on its credit account with Don's, and it will pay off the balance in the following month. What is the effect of the revenue transaction on the accounting og journal entry for this transaction? Omit explanation Accounts Liabilities Contr Acc Beg RE Service Expenses Dividends Receivable Cap Revenue and Losses Declared 300,000 300,000 + + . What is the journal entry for this transaction? (Record debits first, then credits Exclude explanations from any journal entries) Account May 31, 2018 from all

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