What are the financial statement effects

Reference no: EM133654956

Question: On May 7, Juanita Construction provides services on account to Michael Wolfe for $2,400. Michael pays for those services on May 13.

Required: For Juanita Construction, what are the financial statement effects when the service is rendered on May 7? For Juanita Construction, what are the financial statement effects when the cash is collected on May 13?

Reference no: EM133654956

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What are the financial statement effects : what are the financial statement effects when the service is rendered on May 7? For Juanita Construction, what are the financial statement effects when

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