Question
On December 10, 2017, ABC Company performed services on credit for $25,000. In 2018, this transaction was recorded on Currys books as a debit to
On December 10, 2017, ABC Company performed services on credit for $25,000. In 2018, this transaction was recorded on Currys books as a debit to Accounts Receivable and credit to Service Revenue for $52,000.
What is the correcting journal entry (if needed) in 2018?
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
8th Edition
0030182689, 978-0030182686
