Question 9 1 a company receives payment from one of

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Question 91.A company receives payment from one of its customers on August 5 for servicesperformed on July 21. Which of the following entries would be recorded if the company usesaccrual basis accounting?Cash1,000AccountsReceivable1,000Accounts Payable1,000Cash1,000Cash1,000Service Revenue1,000ServiceRevenue1,000
Cash1,0005 pointsQuestion 101.Metro Event Planning Services collects fees from its customers in advance. OnJanuary 1, 2019, the balance of its unearned revenue account was $5,000 (credit. DuringJanuary and February, the company collected $2,000 and $700 as advance fees,respectively. During the two-month period, it performed services of $4,500 related to thedeferred revenue. What is the balance in unearned revenue at the end of February?
5 pointsQuestion 111.Hudson Landscaping Service bought equipment for $10,800 on January1, 2019. It has an estimated useful life of five years and zero residual value.Hudson uses the straight-line method to calculate depreciation and recordsdepreciation expense in the books at the end of every month. As of June 30,2019, the book value of this equipment shown on its balance sheet will be__________.
5 pointsQuestion 121.On January 1, 2017, the Accounts Receivable of Martha Company had adebit balance of $190,000. During January, the company provided servicesfor $400,000 on account. The company collected $240,000 from its
customers on account in January. What was the ending balance in theAccounts Receivable account at the end of January?
5 points

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