At the beginning of the month, Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end of the month, $300 worth of services were still owed to the customer. Select the adjusting entry that should be recorded at the end of the accounting period.
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Home » Business » At the beginning of the month, Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end of the month, $300 worth of services were still owed to the customer.