Allen Company is hired on December 15,2016 to perform services,beginning on December 16,2016.Under this agreement,Allen will earn $3,700 monthly and receive payment on January 15,2017.What amount of service revenue should be recorded for the year ending December 31,2016?
A) 0
B) $1,850
C) $3,700
D) There is not enough information to answer this.
Correct Answer:
Verified
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