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Techno Technical Services is working on a sixminusmonth job for aclient, starting on February 1. It will collect $ 24 comma 000.00$24,000.00 from its customer
Techno Technical Services is working on a sixminusmonth
job for aclient, starting on February 1. It will collect $ 24 comma 000.00$24,000.00
from its customer when the job is finished but the revenue is earned evenly over the six months. On March31, before adjusting entries aremade, Techno's Accounts Receivable account had a debit balance of $ 5 comma 000.00$5,000.00.
After the March 31 monthly adjusting entry has beenmade, what will be the balance in AccountsReceivable?
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