Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lei Mai Enterprises aids Singaporian students upon arrival in the United State. Paid by the United State Government. Lei Ma collects some service revenue in

Lei Mai Enterprises aids Singaporian students upon arrival in the United State. Paid by the United State Government. Lei Ma collects some service revenue in advance. In order cases he receives cash after performing relocation services. At the end of Augusts - a particularly busy period- Lei Ma's book showw the following:

                                                                       July 31           August 31

Accounts receivable                                      $1900              $2200

Unearned Service revenue                            $1200               $300

During August Lei Ma Enterprises received cash of $6100 from the Singaporian government. How much service revenue did the business earn during August?


Show working.

Step by Step Solution

3.44 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

In order to calculate the amount of service revenue Lei Mai Enterprises earned d... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

13th Edition

978-0073379616, 73379611, 978-0697789938

More Books

Students also viewed these Accounting questions