During 2016, Sigma Company earned service revenue amounting to $900,000, of which $695,000 was collected in cash; the balance will be collected in January 2017. Also in 2016 there were collections of cash prior to the delivery of goods/services totaling $8,200. What amount should the 2016 income statement report for service revenues
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During 2016, Sigma Company earned service revenue amounting to $900,000, of which $695,000 was colle...
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