Essay
On December 15,Duncan Services Company collected revenue of $3,000 in advance from a new client,and agreed to provide services to the client for the period of December 15 through January 15 of the following year.Assume that the company records deferred revenues using the alternative treatment,and journalize the adjusting entry recorded on December 31.
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Correct Answer:
Verified
Explanation:
Servic...
View Answer
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