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What accounts should be debited and credited in February

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Reference no: EM132679393

Problem - Resource Services Company performed services in February for a specific customer, for a fee of $11,250. Payment was received the following March.

(a) Was the revenue earned in February or March?

(b) What accounts should be debited and credited in (1) February? (2) March?

Reference no: EM132679393

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