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Mary signed up and paid $1,020 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet's accounting
Mary signed up and paid $1,020 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet's accounting records would indicate: Multiple Choice $340 of revenue, $680 of accounts receivable $340 of revenue, $680 of deferred revenue $1,020 of revenue, $1,020 of cash $680 of revenue, $340 of accounts receivable
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