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Majan company provides hosting services. During January 2012 AlBayan Company held an event at Majan Company. The charges related to the event total $510,000, of
Majan company provides hosting services. During January 2012 AlBayan Company held an event at Majan Company. The charges related to the event total $510,000, of which 35% has been paid by AlBayan Company. When Majan Company makes the appropriate adjusting entry, which of the following is part of the adjustment made to its January 31, 2012 Select one c a. Debit Accounts Receivables $331,500 b. Credit Service Revenues $331,500. c Debit Cash $510.000 d. Two of the choices are correct
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