Multiple Choice
Robert Rogers,CPA performed accounting services for a client in December.A bill was mailed to the client on December 30.Roberts received a check in the mail on January 5.The revenue principle would require that which of the following accounts appear on the income statement for the year ended December 31?
A) Service revenue
B) Unearned revenue
C) Accounts payable
D) Prepaid expense
Correct Answer:
Verified
Correct Answer:
Verified
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