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Wings, Inc. bills its customer $100,000 for consulting services provided in the current period. What journal entry should Wings, Inc. record? No entry until cash
Wings, Inc. bills its customer $100,000 for consulting services provided in the current period. What journal entry should Wings, Inc. record? No entry until cash is collected DR: Accounts Receivable 100,000; CR: Revenue 100,000 DR: Cash 100,000; CR: Revenue 100,000 DR: Revenue 100,000; CR: Accounts Payble 100,000
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