Purple Tulip Law Firm prepays for advertising in the local newspaper. On January 1, the...
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Purple Tulip Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $900 for six months of advertising. Becorded Total Expenses Recorded Seashore Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill. On December 31, Seashore Home has collected $400 from cash-paying customers. Seashore Home's remaining customers owe the business $1,000. Recorded Total Revenue Recordest Momentous Occasions received $1,800 for services to be performed for the next 8 months on March 31. Revenuecede Total Revenue Recorded
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