Tuesday, 13 October 2015

ABC Catering received $880 cash from a customer for catering services to be provided next month. Given the choices below, determine the general journal entry that ABC Catering will make to record this transaction

ABC Catering received $880 cash from a customer for catering services to be provided next month. Given the choices below, determine the general journal entry that ABC Catering will make to record this transaction.

Answer
Cash 880  
    Unearned Catering Revenue   880
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