Antonia Soria, a lawyer, was paid 72,000 on April 1 to represent a client in property negotiations
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Antonia Soria, a lawyer, was paid 72,000 on April 1 to represent a client in property negotiations LO 5 Accounting for Revenue over the next twelve months. Received in Advance 1. Record the entries required in Soria's records on April 1 and at the end of the accounting year, June 30 .
2. How would this transaction be reflected in the income statement and balance sheet on June 30?
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Related Book For 
Financial Accounting A Global Approach
ISBN: 9780395839867
1st Edition
Authors: Sidney J. Gray, Belverd E. Needles
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