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View Full Version : If services are rendered for credit then?

christine954
Dec 3, 2011, 09:45 PM
What account is affected if a company received 2000 in revenue for services rendered and 1000 is still owed?
pready
Dec 4, 2011, 07:47 AM
Debit Cash for the amount received
Credit Accounts Receivable for 1,000
Credit Unearned Service Revenue for 1,000