The company record the related service revenue

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Reference no: EM131953789

A company billed a client for services performed on January 10. The customer paid one-half of the amount owed on January 20 and the other one-half on February 24. When should the company record the related Service Revenue?

On January 10

On January 20

One-half on January 20 and the other half on February 24

At year-end in an adjusting entry

Reference no: EM131953789

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