(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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Ef 16.
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