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Item5 6 points Item Skipped Item 5 A company performs $2,700 of services during the month and bills customers. The customers are expected to pay

Item5 6 points Item Skipped Item 5 A company performs $2,700 of services during the month and bills customers. The customers are expected to pay next month. Record the customer billing using (a) accrual-basis accounting and (b) cash-basis accounting. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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