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Allen Company Is Hired on December 15,2016 to Perform Services,beginning

Question 31

Multiple Choice

Allen Company is hired on December 15,2016 to perform services,beginning on December 16,2016.Under this agreement,Allen will earn $3,700 monthly and receive payment on January 15,2017.What amount of service revenue should be recorded for the year ending December 31,2016?


A) 0
B) $1,850
C) $3,700
D) There is not enough information to answer this.

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