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* Round all answers to the nearest whole dollar What amount of Service Revenue was recognized on January 1, 2019? Determine the amount of (1)

*Round all answers to the nearest whole dollar

What amount of Service Revenue was recognized on January 1, 2019?

Determine the amount of (1) payment of

P&I

On January 1, 2019, Pitchfork, Inc. rendered services to Z Corp. accepting a $30,000 down payment and a 4- year, $228,509, 8% note with P&I payments to be made each June 30^th and Dec 31^st. The 8% APR is considered reasonable.

Question #12: What amount of service revenue can be recognized on Jan 1, 2019?

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