Question
Unearned Revenues was P6,000 at the end of February and P7,500 at the end of March. Service Revenues was P42,000 for the month of March.
Unearned Revenues was P6,000 at the end of February and P7,500 at the end of March. Service
Revenues was P42,000 for the month of March. How much cash was received for services provided
during March?
A. P55,500
B. P40,500
C. P28,500
D. P43,500
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
