Question
FunAd follows accrual principles of accounting. On August 30 th , FunAd company finished $3,000 social media project for the client, who had not paid
FunAd follows accrual principles of accounting. On August 30th, FunAd company finished $3,000 social media project for the client, who had not paid yet. On August 30th, FunAd record:
A. decrease in Accounts Receivables for $3,000
B. increase Unearned Service Revenue for $3,000
C. decrease Unearned Revenue for $3,000
D. Increase in Service Revenue $3,000
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
9781266566899
