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The following is selected information from Alpha-Beta-Garnita Corporation for the fiscal year ending December 31, 2014 Cash received from customers 190000 Heverned 250000 Core 150000
The following is selected information from Alpha-Beta-Garnita Corporation for the fiscal year ending December 31, 2014 Cash received from customers 190000 Heverned 250000 Core 150000 Expenses incurred, but excluding any depreciation 135000 November 1, 2013, 20000 annual depreciation is 5000 Based on the accrual basis of accounting, what is Alpha-Beta-Gamma Corporation's income for the year ending December? Salon 50000 X 45000 X 30000 x S000 Question : 50 Betty Carson has performed $700 of accounting services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must Betty make? Debit Cash 700 and credit Unearned Service Revenue 700 Debit Accounts Receivable 700 and credit Unearned Service Revenue 700 Debit Accounts Receivable 700 and credit Service Revenue 700 X X X Debit Unearned Service Revenue 700 and credit Service Revenue 700
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