Question
During the month of March 2020, LAM Company provided services of $12,000 total and received $1,200 cash in advance for services to be provided
During the month of March 2020, LAM Company provided services of $12,000 total and received $1,200 cash in advance for services to be provided over the coming two months (during March and April of 2020). The company prepares financial statements monthly. The adjusted balance of "Service Revenue" at March 31, 2020 is: * $1,800 $11,400 $12,600
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