Cobra Company receives $10,000 in advance this month for work to be performed next month....
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Accounting
Cobra Company receives $10,000 in advance this month for work to be performed next month. This month, the company should: Multiple Choice Debis accounts poyable $10,000 and credit cash $10,000 Deblt inventory $10,000 and credit accounts payable $10,000 Debit cosh $10,000 and credit deferred revgue $10,000 Debit inventory $10,000 and credit soles revenue $10,000
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