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raymundo12
Jul 12, 2009, 01:22 PM
If services are rendered for credit, then

siberianair
Jul 12, 2009, 01:44 PM
am i suppose to finish the statement???

pready
Jul 13, 2009, 06:44 AM
Tthe statement is saying that you rendered a service and did not receive cash. The two accounts will be: Accounts Receivable and Service Revenue. One is a Balance Sheet account and the other one is an Income Statement account.