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Business, 16.10.2021 04:40 genyjoannerubiera

an advance payment of $1,000 for services was received on december 1 and was recorded as a liability. by the end of the year, $400 had been earned. demonstrate what the correct adjusting entry should include by choosing the correct statement below.

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an advance payment of $1,000 for services was received on december 1 and was recorded as a liability...
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