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Legal Services, Inc. collected $ 3 , 6 0 0 cash in advance for legal services to be performed for one year beginning October 1

Legal Services, Inc. collected $3,600 cash in advance for legal services to be performed for one year beginning October 1,2024. The companys 2024 financial statements would include: The companys 2024 financial statements would include: a. a liability of $900 and revenue of $2,700. b. a cash flow from operating activities of $3,600 and revenue of $900. c a liability of $2,700 and revenue of $900. d. b and c.

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