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On January 1 of the current year, Talbert Services received $18,000 in advance of performing the services from a customer for the next three months.
On January 1 of the current year, Talbert Services received $18,000 in advance of performing the services from a customer for the next three months. What would be the journal entry to record the receipt of the advanced payment? OA. Unearned Revenue Cash 18,000 18,000 OB. Cash 18,000 Unearned Revenue 18,000 OC. Unearned Revenue 6,000 Cash 6,000 OD. Cash 6,000 Unearned Revenue 6,000
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Management Accounting A Decision Emphasis
Authors: Don T. DeCoster, Eldon L. Schafer, Mary T. Ziebell
4th Edition
0471637130, 978-0471637134
