Near the end of the year, Alpha received $2,000 cash in advance from a customer for services to be performed in the future, and recorded it as a debit to Cash and a credit to Service Revenue. Alpha also failed to record an AJE for $500 (from the cash received in advance) of the services that had been performed. What corrections, if any, should be made to the trial balance
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Near the end of the year, Alpha received $2,000 cash in advance from a customer for services to be p...
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