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On October 15, a company received $15,000 cash as a down payment on a consulting contract. The amount was credited to Unearned Consulting Revenue.
On October 15, a company received $15,000 cash as a down payment on a consulting contract. The amount was credited to Unearned Consulting Revenue. By October 31, 10% of the services required by the contract were completed. The company will record consulting revenue of $1,500 from this contract for October. True or False True False
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Information Systems Today Managing in the Digital World
Authors: Joseph Valacich, Christoph Schneider
6th edition
1292215976, 132971216, 9781292215976, 978-0132971218
