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The company collected $27,000 on May 30th, 2017 for 12 months of service which will take place from June of 2017 through May of
The company collected $27,000 on May 30th, 2017 for 12 months of service which will take place from June of 2017 through May of 2018. Please select the answer that reflects how each of the relevant accounts will be affected by this transaction: Balance Sheet Income Statements Assots Liabilities Accounts Accounts Uneamed Cash receivables Payable Stockholders Equity Common Block Statement of Cash Flows Retained Earnings Revenue Expense Net Income S 27,000 $ (27,000) 27.000 27.000 A S 27,000 $ 27,000 27,000 27.400 OA 27.000 OA B $ 27,000 27.000+ 0 S 27,000 27.000+ $ 27.000 OA $27,000 FA D 27,000 4 E 27.000 $ 27.000 27,000 27,400 OA Selection A O Selection B Selection C Selection D Selection E
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