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need help with both questions thank u King Co. received a $3,000 advance payment for legal services to be performed in the future. King should
need help with both questions thank u
King Co. received a $3,000 advance payment for legal services to be performed in the future. King should record a O a. debit to Unearned Service Revenue for $3,000 b. credit to Unearned Service Revenue for $3,000 c. credit to Accounts Receivable for $3,000 O d.credit to Cash for $3,000 Jones Co, purchased $1,000 of equipment on credit last month Jones has just sent the seller a check for $500 toward payment for the equipment. Jones should record a a. debit to Accounts Payable for $500 Ob credit to Accounts Payable for $500 c. debit to Cash for $500 d. debit to Equipment for $500 Step by Step Solution
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