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Tom Smith is a lawyer who requires that his clients pay him in advance of legal services rendered. Tom routinely credits Service Revenue when his
Tom Smith is a lawyer who requires that his clients pay him in advance of legal services rendered. Tom routinely credits Service Revenue when his clients pay him in advance. In June Tom collected $ in advance fees and completed of the work related to these fees. What adjusting entry is required by Tom's firm at the end of June?
Cash
Service Revenue
Unearned Service Revenue
Service Revenue
Unearned Service Revenue
Service Revenue
Service Revenue
Unearned Service Revenue
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