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Business, 25.03.2020 06:44 Ezasha

During 2019, Zigma Company earned service revenue amounting to $760,000, of which $625,000 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 $10,400. What amount should the 2019 income statement report for service revenue?

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During 2019, Zigma Company earned service revenue amounting to $760,000, of which $625,000 was colle...

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