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    Financial Accounting Study Set 11
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    Exam 2: Transaction Analysis
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    A Company Omitted a Journal Entry to Record Service Revenue
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A Company Omitted a Journal Entry to Record Service Revenue

Question 59

Question 59

Multiple Choice

A company omitted a journal entry to record service revenue of $12,000 on account.Is the trial balance out of balance?


A) No.
B) Yes,by $12,000.
C) Yes,by $24,000.
D) Yes,by an indeterminate amount.

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