Below were selected transactions of FDNACCT Services during the month of September: • Received P16,000 from various clients for services rendered on account during August • Received P62,000 from various clients for services rendered in September • Received P18,000 from a client for services to be rendered in October • Rendered services worth P42,000 in September to various clients who promised to pay in November How much was the Service Revenue for the month of September?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...
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Below were selected transactions of FDNACCT Services during the month of
September:
• Received P16,000 from various clients for services rendered on account
during August
●
• Received P62,000 from various clients for services rendered in September
• Received P18,000 from a client for services to be rendered in October
• Rendered services worth P42,000 in September to various clients who
promised to pay in November
How much was the Service Revenue for the month of September?
Transcribed Image Text:Below were selected transactions of FDNACCT Services during the month of September: • Received P16,000 from various clients for services rendered on account during August ● • Received P62,000 from various clients for services rendered in September • Received P18,000 from a client for services to be rendered in October • Rendered services worth P42,000 in September to various clients who promised to pay in November How much was the Service Revenue for the month of September?
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