This paper circulates around the core theme of June 8, 2009 – NoDirt entered into a one year contract to provide cleaning services to a customer. NoDirt will start providing the services on July 1, 2009. The customer paid NoDirt $4,500 cash when the contract was signed on June 8, 2009. The $4,500 is together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
June 8, 2009 – NoDirt entered into a one year contract to provide
cleaning services to a customer. NoDirt will start providing the
services on July 1, 2009. The customer paid NoDirt $4,500 cash when the
contract was signed on June 8, 2009. The $4,500 is payment for the first
three months of cleaning service.
Account Name |
Debit
|
Credit
|
A.
|
Cash
|
4,500
|
|
|
Service Revenue
|
|
1,500
|
|
Prepaid Cleaning Service Receivable
|
|
3,000
|
B.
|
Service Revenue
|
4,500
|
|
|
Cash
|
|
4,500
|
C.
|
Unearned Service Revenue
|
4,500
|
|
|
Cash
|
|
4,500
|
D.
|
Retained Earnings
|
4,500
|
|
|
Services Payable
|
|
4,500
|
E. None of the above