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On August 1 of the current year, Loizzi Company received $12,000 for legal services to be performed evenly throughout the next six months. The adjusting
On August 1 of the current year, Loizzi Company received $12,000 for legal services to be performed evenly throughout the next six months. The adjusting entry on December 31 of the current year would include a: O A) O B) OC) OD) Credit to Service Revenue of $10,000 Debit to Service Revenue of $2,000 Credit to Unearned Service Revenue of $10,000 Debit to Unearned Service Revenue of $2,000 
On August 1 of the current year, Loizzi Company received $12,000 for legal services to be performed evenly throughout the next six months. The adjusting entry on December 31 of the current year would include a: A) Credit to Service Revenue of $10,000 B) Debit to Service Revenue of $2,000 C) Credit to Unearned Service Revenue of $10,000 D) Debit to Unearned Service Revenue of $2,000
On August 1 of the current year, Loizzi Company received $12,000 for legal services to be performed evenly throughout the next six months. The adjusting entry on December 31 of the current year would include a: O A) O B) OC) OD) Credit to Service Revenue of $10,000 Debit to Service Revenue of $2,000 Credit to Unearned Service Revenue of $10,000 Debit to Unearned Service Revenue of $2,000
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