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question 19 (3 points) Saved On March 30, Culture Magazine Corp...

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Accounting

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question 19 (3 points) Saved On March 30, Culture Magazine Corp received $1,500 cash in advance from various customers for 12 months of services starting April 1. Culture Magazine Corp has a December 31 year-end and adjusted its accounts annually REQUIRED a Calculate the amount of service revenue earned at December 31 b. Prepare the adjusting journal entry required at December 31 + . Format 11 om do B V I UA a. The amount of service revenue earned = $ b. The adjusting journal entry GENERAL JOURNAL ACCOUNT TITLES AND DEBIT CREDIT DATE EXPLANATION

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