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4 July, 15:13

Fleming corp. provided services on account. the transaction would be recorded with a credit to:

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  1. 4 July, 15:46
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    Fleming corp. provided services on account. The transaction would be recorded with a credit to service revenue. The transaction will also be recorded on the accounts receivable ledger as well. Service revenue is an account used in accrual accounting that reports fee income that a company earns during a specific time frame. Accounts receivable is an account that shoes money that is owed to a company by its debtors.
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