ABC provides music for special occasions. On January 14, the Smith family hired ABC for...
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Accounting
ABC provides music for special occasions. On January 14, the Smith family hired ABC for anupcoming family wedding for an agreed upon fee of $10,000. The wedding was scheduled for May23. As part of the agreement, the Smiths paid ABC half of the fee at the end of April with theremaining amount due by the end of June. How would ABC record the receipt of the final paymentin June
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