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It is not accounts payable or accounts receivable... other options are cash, salaries payable, or service revenue. Knowledge Check 01 On January 5, Fairbanks Corporation

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It is not accounts payable or accounts receivable... other options are cash, salaries payable, or service revenue.

Knowledge Check 01 On January 5, Fairbanks Corporation provides services to customers for $10,000 cash. Provide the journal entry for this transaction. No Account Title Credit Date January 05 Debit 10,000 1 Accounts Payable Service Revenue 10,000

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