During 2019, Zigma Company earned service revenue amounting to $770,000, of which $630,000 was collected in cash; the balance will be collected in January 2020. Also in 2019, there were collections of cash prior to the delivery of goods/services totaling $9,800. What amount should the 2019 income statement report for service revenue?
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During 2019, Zigma Company earned service revenue amounting to $770,000, of which $630,000 was colle...
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