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What dollar amount fees earned should we record

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Question - Our Company has signed a contract on June 15, 2016, to perform services beginning on June 16, 2016. We will earn $12,000 per month. We will receive payment for our services on July 15, 2016. What dollar amount fees earned should we record on our June 30, 2016 adjusting entry?

a. $12,000

b. $6,000

c. $1,200

d. $0

Reference no: EM132828246

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