Lucent Electrical Repair performs services costing $3,000 on January 12 and invoices the customer. Lucent receives the $3,000 on January 31. What entry is made on January 12 when services were rendered?

Correct Answer:
Verified
Q105: Hank's Tax Planning Service has a beginning
Q106: Hank's Tax Planning Service started business in
Q114: On April 1, Balsa Company purchased $800
Q115: On July 1, Alpha Company prepaid rent
Q116: Real Losers, a diet magazine, collected $360,000
Q118: What type of account is Prepaid rent
Q118: Lucent Electrical Repair performs services costing $3,000
Q120: Chelsea Services Company pays its staff their
Q121: Double-A Public Relations Firm got a new
Q134: The accountant for Hobson Electrical Repair Company
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents