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A legal firm received $2,000 cash for legal services to be rendered in the future. The full amount was credited to Unear
Posted: Thu May 19, 2022 12:46 pm
by answerhappygod
- A Legal Firm Received 2 000 Cash For Legal Services To Be Rendered In The Future The Full Amount Was Credited To Unear 1 (16.8 KiB) Viewed 51 times
A legal firm received $2,000 cash for legal services to be rendered in the future. The full amount was credited to Unearned Service Revenue. If the legal services have been provided at the end of the accounting perlod and no adjusting entry is made, this would causes Multiple Choice uneared revenues to be understated. profit to be overstated Nabaties to be understated revenues to be understated