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On December 27, Milligan Cleaning provided services to a customer. As of December 31, Milligan has not yet collected cash or billed the customer, but
On December 27, Milligan Cleaning provided services to a customer. As of December 31, Milligan has not yet collected cash or billed the customer, but expects to receive cash in January. What are the effects of the necessary adjustment on December 31 for cash to be received in the future?
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The necessary adjusting entry on December 31 for services provided to a customer but not yet billed ...
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
