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QS 3-22 Preparing adjusting entries (monthly)-accrued revenues LO4 Tiger Computer provided $17,000 of services to customers in the month of March 2023. On March 31,
QS 3-22 Preparing adjusting entries (monthly)-accrued revenues LO4 Tiger Computer provided $17,000 of services to customers in the month of March 2023. On March 31, 2023, Tiger Computer has not yet billed or collected payment for the $17,000. On April 16, $12,000 of these were collected. a. Using the accrual basis of accounting, explain whether Tiger Computer earned revenue of $17,000 as of March 31, 2023. b. Record the adjusting journal entry on March 31, 2023. c. Record the journal entry on April 16, 2023.
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