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The following events occurred at VG Consulting during the most recent month i (Click the icon to view the information.) For each event, determine the
The following events occurred at VG Consulting during the most recent month i (Click the icon to view the information.) For each event, determine the revenue or expense under the cash and accrual basis of accounting. (If the event has no effect on revenues or expenses, select "no elflect" and leave the amount cell blank; do not enter a zero) Accrual-Basis Cash-Basis Amount Accounting Amount Accounting Events Expense VG provided consulting services and billed clients $2,000. X iMore info VG provided consulting services and billed clients $2,000. VG collected $1,500 for consulting services performed in the prior month, VG paid its monthly electric bill of $300 Employees who worked for VG were not paid for services performed Next month they will be paid $850 VG collected fees of $700 for services to be performed in the following b C. d . month Done Print
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