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Helen Hines,Solicitor,performed Bankruptcy Services for a Client and Billed the Full

Question 14

Multiple Choice

Helen Hines,Solicitor,performed bankruptcy services for a client and billed the full fee of $6 000 on 20 September 2017.Hines is uncertain if she will collect the fee.At 31 December 2017,she had collected $900 and in 2018 has collected an additional $2 000.How much service revenue should Hines report in 2017 and 2018,respectively?


A) $3 000,$3 000
B) $900,$2 000
C) $6 000,$0
D) $0,$6 000

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