Bayside Technical Services signed a contract on a sixminusmonth job for a client, starting on March 1. Bayside will collect $ 24 comma 000 from its customer when the job is finished but the revenue is earned evenly over the six months. On March 31, before adjusting entries are made, Bayside's Accounts Receivable account had a debit balance of $ 6 comma 000. After the March 31 monthly adjusting entry has been made, what will be the balance in Accounts Receivable? A. Debit balance of $24,000 B. Debit balance of $10,000 ° C. Credit balance of $20,000 D. Debit balance of $4,000
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Bayside Technical Services signed a contract on a sixminusmonth job for a client, starting on March 1. Bayside will collect $ 24 comma 000 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Bayside Technical Services signed a contract on a sixminusmonth job for a client, starting on March 1. Bayside will collect $ 24 comma 000 from its customer when the job is finished but the revenue is earned evenly over the six months.