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Malfoy Corp. provided services to a customer worth $ 8 , 1 0 0 on November 2 8 and recorded no journal entry. It received
Malfoy Corp. provided services to a customer worth $ on November and
recorded no journal entry. It received the payment from the customer on
December What adjustment is needed at the end of November, assuming Malfoy
Corp. records adjusting entries monthly?
a Debit Accounts Receivable $ and credit Deferred Revenue $
b Debit Accounts Receivable $ and credit Service Revenue $
c Debit Deferred Revenue $ and credit Service Revenue $
d Debit Service Revenue $ and credit Accounts Receivable $
e Debit Service Revenue $ and credit Deferred Revenue $
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