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Give the Adjusting Journal Entry at the end of the month

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Reference no: EM133000732

Question - A Law firm has been hired on December 15 to provide legal services to a client and advance payment of P50,000.00 is made. Scenario: As of December 31, no service the law firm has yet been provided and no billing statement has been prepared and send to the client. Give the Adjusting (Journal) Entry at the end of the month.

Reference no: EM133000732

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