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SERVICE CONTRACTS/AGREEMENTS (Part 2 of 2) Using the same facts related to GOOD LAWNS INC described above... (Customer A pays $6K on Sept 1,
SERVICE CONTRACTS/AGREEMENTS (Part 2 of 2) Using the same facts related to GOOD LAWNS INC described above... (Customer A pays $6K on Sept 1, 2020) What is the amount of Accounts Receivable and Unearned Revenue for GOOD LAWN at each of the following balance sheet dates: (Hint at least one of these answers is O) Include your work or calculations on your PDF. T Accounts would be how I would solve this problem, but you may choose your own approach. 12/31/20 Accounts Receivable at Dec 31, 2020 $ Unearned Revenue at Dec 31,2020 $ I 3/31/21 Accounts Receivable at March 31, 2021 $ Unearned Revenue at March 31, 2021 $
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