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Business, 18.02.2020 21:53 EmTerrell2933

On August 1, 2016, Benjamin and Associates collected exist18,000 in advance for legal services to be rendered for one year. Which of the following entries reflect the end-of-the-year adjustment to reflect revenue earned? 1) Cash 7, 500 Revenue 7, 5002) Accounts Receivable 6,000 Revenue 6,000 3) Cash 18,000 Unearned Revenue 10, 500 4) Revenue 7, 500 Unearned Revenue 7, 500

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On August 1, 2016, Benjamin and Associates collected exist18,000 in advance for legal services to be...
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