Question
Nada Catering received $4,000 cash in advance from a customer for catering services to be provided in the coming six months. Determine the general
Nada Catering received $4,000 cash in advance from a customer for catering services to be provided in the coming six months. Determine the general jourmal entry that Nada Catering will make to record the cash receipt today O DR. Account receivable $4000 / CR. Catering Revenue $4000 O DR. Uneamed Catering Revenue $4000 / CR Cash $4000 O DR. Cash $4000 /CR. Unearned Catering Revenue $4000 O DR. Catering revenue $4000 / CR. Cash S4000
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
17th Edition
032459237X, 978-0324592375
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