Question 10 On July 7.2020. ABC Corporation received cash of 51.400 for services performed on...
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Question 10 On July 7.2020. ABC Corporation received cash of 51.400 for services performed on that date. The entry to record this transaction will include a. a debit to Service Revenue of $1,400. b. a credit to Cash of 51,400 c. a credit to retained Earnings of $1,400. d. a credit to Service Revenue of $1,400 Question 37 ABC Corporation reported the following information for the month of August: Cost of Goods sold - $4,500 Wage Expense = $5,700 Purchase of equipment = $6,000 Depreciation expense - $450 Other operating expenses = $1,350 Purchase of inventory = $5,200 Net income = $2.750 Based on this information, what was the company's revenue for August
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