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On September 1 Year 1 Gomez Company collected 23 100 in advance from a customer for services to be provided over a one year period

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On September 1 Year 1 Gomez Company collected 23 100 in advance from a customer for services to be provided over a one year period beginning on that date How much revenue would Gomez Company report related to this contract on Its Income statement for the year ended December 31 Year 1 How much would the company report as net cash flows from operating activities for Year 1 Multiple Choice 0 23 100 23 100 23 100 7 700 23 100 67700 7700 Jhy

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