SERVICE REVENUE

SERVICE REVENUE

1. How may analyzing sales and receivables provide information about a firm’s asset management?
2. SERVICE REVENUE
Kibitz Fitness received $12,000 from customers on September 30, 2009. These payments were advance payments of yearly membership dues.
3. SALES DISCOUNTS TAKEN
Bolton Garage Doors Corporation sold merchandise with a price of $22,500 to Sammy’s Wholesale Company. Bolton offered terms of 2/10, n/30.

SERVICE REVENUE

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