Business, 17.02.2020 17:02, dogsarecute278

During 2019, Sigma Company earned service revenue amounting to $700,000, 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 $10,000. What amount should the 2019 income statement report for service revenue?

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During 2019, Sigma Company earned service revenue amounting to $700,000, of which $630,000 was colle...