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Question 10 On July 7.2020. ABC Corporation received cash of 51.400 for services performed on that date. The entry to record this transaction will include
Question 10 On July 7.2020. ABC Corporation received cash of 51.400 for services performed on that date. The entry to record this transaction will include a. a debit to Service Revenue of $1,400. b. a credit to Cash of 51,400 c. a credit to retained Earnings of $1,400. d. a credit to Service Revenue of $1,400 Question 37 ABC Corporation reported the following information for the month of August: Cost of Goods sold - $4,500 Wage Expense = $5,700 Purchase of equipment = $6,000 Depreciation expense - $450 Other operating expenses = $1,350 Purchase of inventory = $5,200 Net income = $2.750 Based on this information, what was the company's revenue for August
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