(a) Calculate revenue for the month of September using the accrual basis of accounting. (Do not leave any answer field blank. Enter O for amounts.) 1. Collected $210 cash from customers for services performed in August. $ 2. Collected $525 cash from customers for services performed in September. 3. Billed customers $600 for services performed in September. 4. Performed $120 of services to customers who paid in advance in August. 5. Received $120 from customers in advance for services to be performed in October. Total revenue 2$ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer %24
(a) Calculate revenue for the month of September using the accrual basis of accounting. (Do not leave any answer field blank. Enter O for amounts.) 1. Collected $210 cash from customers for services performed in August. $ 2. Collected $525 cash from customers for services performed in September. 3. Billed customers $600 for services performed in September. 4. Performed $120 of services to customers who paid in advance in August. 5. Received $120 from customers in advance for services to be performed in October. Total revenue 2$ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![(a)
Calculate revenue for the month of September using the accrual basis of accounting. (Do not leave any answer field blank. Enter O for
amounts.)
1. Collected $210 cash from customers for services performed in August.
$
2. Collected $525 cash from customers for services performed in September.
3. Billed customers $600 for services performed in September.
4. Performed $120 of services to customers who paid in advance in August.
5. Received $120 from customers in advance for services to be performed in October.
Total revenue
2$
eTextbook and Media
Save for Later
Attempts: 0 of 3 used
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Transcribed Image Text:(a)
Calculate revenue for the month of September using the accrual basis of accounting. (Do not leave any answer field blank. Enter O for
amounts.)
1. Collected $210 cash from customers for services performed in August.
$
2. Collected $525 cash from customers for services performed in September.
3. Billed customers $600 for services performed in September.
4. Performed $120 of services to customers who paid in advance in August.
5. Received $120 from customers in advance for services to be performed in October.
Total revenue
2$
eTextbook and Media
Save for Later
Attempts: 0 of 3 used
Submit Answer
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