Business, 19.10.2021 14:00 Meliiiii

AM Ted Catering received $ 1.300 cash in advance from a customer for catering services to be provided in three months . Determine the general journal entry that Ted Catering will make to record the cash receipt . Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts . Choice 1,300 Unearned Catering Revenue Catering Revenue 1,300 Catering Revenue 1,300 Accounts Receivable 1,300 Catering Revenue

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AM Ted Catering received $ 1.300 cash in advance from a customer for catering services to be provide...