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On February 8th, The Painting Company completed a job costing $20,000 for Texas State UniversityThe...

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Accounting

On February 8th, The Painting Company completed a job costing $20,000 for Texas State UniversityThe company will bill Texas State in March and Texas State will pay for the services in April. Assuming The Painting Company follows GAAP, what will they record on February 8th?

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