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On January 1, ABC Company provided $20,000 of services. The customers paid for the services with credit cards. ABC submitted the credit card receipts to
On January 1, ABC Company provided $20,000 of services. The customers paid for the services with credit cards. ABC submitted the credit card receipts to the credit card company on January 5. The credit card company charged ABC a 10% service charge. On January 12, ABC received the cash from the credit card company. What is the value of Total Assets at the end of January? $22,000 O $20,000 O $2,000 O $18,000
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