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Can you explain. During Sept., by the Book Co. collected $1,800 cash from a customer for services to be provided during November. Which of the
Can you explain.
During Sept., by the Book Co. collected $1,800 cash from a customer for services to be provided during November. Which of the following statements about this transaction is correct?
A. $1,800 of revenue should be recorded i n September.
B. $900 of revenue should be record in September and $900 in November,
C. $1,800 of revenue should be recorded in November.
D. No revenue should be recorded for these events because they relate only to the balance sheet