Able Co. received $120,000 from a customer on April 1 for services to be provided...

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Accounting

Able Co. received $120,000 from a customer on April 1 for services to be provided partially in April and the rest in May. At the end of April, 15% of the services were complete. What is the amount that should be reported as REVENUE on the INCOME STATEMENT for the month ended April related to this customer's work?

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