During 2018, the following events occurred for Parker Company
Parker receives $25,200 cash in advance from Westberry Company for consulting services to be performed over a one-year period beginning March 1, 2018.
Provided $47,000 of consulting services on account.
Collected $16,000 cash from customers in partial settlement of its accounts receivable.
Parker recognizes the portion of the deferred revenue it earned during the accounting period.
After recording all these transactions, Parker’s total revenue will be $
Answers: 3
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During 2018, the following events occurred for Parker Company
Parker receives $25,200 cash in advan...
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