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Sheridan Company collected $12960 in May of 2021 for 4 months of service which would take place from October of 2021 through January of 2022.

Sheridan Company collected $12960 in May of 2021 for 4 months of service which would take place from October of 2021 through January of 2022. The revenue reported from this transaction during 2021 would be:

$3240.

$12960.

$9720.

$0.

Which of the following journal entries is recorded correctly and in the basic format?

a

Salaries and Wages Expense 570
Cash 1560
Advertising Expense 990

b

Cash 1560
Salaries and Wages Expense 570
Advertising Expense 990

c

Salaries and Wages Expense 570
Advertising Expense 990
Cash 1660

d

Salaries and Wages Expense 570
Advertising Expense 990
Cash 1560

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