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Jones Corporation received a 510.000 cash advance on May 1, Year 1 for services it agreed to provide to a client over the next twelve

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Jones Corporation received a 510.000 cash advance on May 1, Year 1 for services it agreed to provide to a client over the next twelve months. Which December 31. Year 12 Assets Liabilities. Equity Revenue Expense Net Inc. Cash Flow N D N Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow N N N N Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow N D N D N Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow N D N N N N 5.556 points SV ANSWC Which of the following correctly indicates the effects on the company's financial statements of the adjusting entry that jones should make on

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