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CaHeK987 [17]
3 years ago
14

Brookings Brothers supplies management consulting services and bills large firms $100,000 prior to a consulting engagement for

Advanced Placement (AP)
2 answers:
kumpel [21]3 years ago
7 0

The entry that accurately reflect the posting required is "Debit cash $100,000 and credit unearned service revenue by $100,000".

  • It should be noted that when a business receiving cash in advance, thus will lead to an increase in the cash account.

  • In such case, the unearned service revenue account will be credited while cash will be debited.

In conclusion, the correct option is C.

Read related link on:

brainly.com/question/12231343

blsea [12.9K]3 years ago
3 0

Answer:debit cash $100,000 and credit unearned service revenue $100,000

Explanation:

Receiving cash in advance of services will increase the cash account (debit) and the unearned service revenue account (credit). A liability is recorded because services are owed.

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