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The December 31 trial balance reports a credit balance of $5,000 for Service Revenue. During the month, one entry for $1,000 had been posted in
The December 31 trial balance reports a credit balance of $5,000 for Service Revenue. During the month, one entry for $1,000 had been posted in error as a debit, instead of as a credit, to Service Revenue. What is the correct balance of Service Revenue at December 31? Please explain with a solution
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