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the question and the answer choices are in one photo. please answer. On May 1, JKL Lawncare receives $1,500 in advance to mow a customer's

the question and the answer choices are in one photo. please answer. image text in transcribed
On May 1, JKL Lawncare receives $1,500 in advance to mow a customer's lawn in June July, and August. Which of the following statements is true Multiple Choice Net income of S1,500 will be recorded in May. The May 31 balance sheet will reflecta 1,500 Hobility The May 31 balance sheet will reflect a $1.500 accounts receivable Net Income of $1500 will be recorded in August Net income of $1,500 will be recorded in June

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