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Jefferson Services Company records the collection of $500 cash for previously accrued revenues and then makes an accrual
Posted: Thu May 19, 2022 2:29 pm
by answerhappygod
- Jefferson Services Company Records The Collection Of 500 Cash For Previously Accrued Revenues And Then Makes An Accrual 1 (19.25 KiB) Viewed 128 times
Jefferson Services
Company records the collection of $500 cash for previously accrued revenues and then makes an accrual of $325 for another revenue. The impact of these two entries on total net income and working capital is an increase of Select one: O a Net Income $325. Working Capital 5175 O b. Net Income $825, Working Capital $325 Oc Net Income $325, Working Capital $500 Od Net Income 5325. Working Capital $325 Oe. Net Income 5500, Working Capital $175