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Dress Designers Company Has Entered into a Contract to Design

Question 94

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Dress Designers Company has entered into a contract to design 10 new dresses for a customer.It will collect a total of $41,000 after the design services are complete.Dress Designers started design work on June 1.As of June 30,it finished 2 of the 10 designs.The company will make an adjusting entry at the end of June to accrue $10,250 of service revenue.

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