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The adjusting entry to record revenue for services the seller has performed but not yet collected requires Blank _ _ _ _ _ _ .
The adjusting entry to record revenue for services the seller has performed but not yet collected requires Blank
Multiple choice question.
a debit to service revenue and credit to accounts receivable
no entry since revenues should not be recorded until collected
a debit to accounts receivable and credit to service revenue
a debit to accounts payable and credit to service revenue
no entry since revenues should not be recorded until the customers are billed
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