Stan's Shoe Repairs recorded $2,000 of unearned service revenue being earned and the collection of $4,000 cash
Fantastic news! We've Found the answer you've been seeking!
Question:
Stan's Shoe Repairs recorded $2,000 of unearned service revenue being earned and the collection of $4,000 cash for service revenue previously accrued. The impact of these two entries on total service revenueis:
(Choose the right one)
A.an increase of $6,000
B.an increase of $4,000
C.an increase of $2,000
D.a decrease of $2,000
Posted Date: