Completed plans for guest house, pool and spa for A client. The $5700 fee for this project was billed to the client in May but will not be collected until June 25. what is revenue realized?
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The $5700 fee for this project was billed to the client in May but will not be collected until June 25. what is revenue realized? 1. See answer.
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Fee or cash in debit or account payable is in credit.
the billed was not payed until 25 june .The clients billed the fees after the 25 june.Revenue is simply a liability.Means that the borrowing is increases means liability increases so in credit means in credit Account payable or notes payable
Explanation:
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