ACCOUTING PRIN SET LL INCLUSIVE
ACCOUTING PRIN SET LL INCLUSIVE
14th Edition
ISBN: 9781119815327
Author: Weygandt
Publisher: WILEY
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Chapter 9, Problem 3Q
To determine

Revenues:

Revenue represents the total amount earned by a business from its sales and other sources, during a particular period of time. The total revenue of a firm can be determined as the selling price of the good or service of the company times the number of quantities sold.

To prepare: The journal entry that T. Company makes to record the revenue.

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