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During a recent week, Pina Legal Services eceived $29900 cash from clients for services performed with a total value of $76200. The balance is to
During a recent week, Pina Legal Services eceived $29900 cash from clients for services performed with a total value of $76200. The balance is to be received within 30 days. The effect of this transaction in the accounting records would be +$76200revenue=+$29900cash+$46300accountsreceivable.+$46300netincome=+$46300 assets. +$76200revenue=+$76200 accounts receivable. +$29900revenue=+$29900cash
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