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X Your answer is incorrect. Julie Lambert has a large consulting practice. New clients are required to pay one-half of the consulting fees up front.

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X Your answer is incorrect. Julie Lambert has a large consulting practice. New clients are required to pay one-half of the consulting fees up front. The balance is paid at the conclusion of the consultation. How does Lambert account for the cash received at the end of the engagement? Prepaid Service Revenue Service Revenue Cash Unearned Service Revenue Service Revenue Cash Unearned Service Revenue No entry is required when the engagement is concluded

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