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    If a Company Provides a Service and Receives Payment at the Same
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If a Company Provides a Service and Receives Payment at the Same

Question 118

Question 118

Multiple Choice

If a company provides a service and receives payment at the same time:


A) only one journal entry is needed.
B) Cash will be debited.
C) a revenue account will be increased with a credit.
D) all of the choices are correct.

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