During December 2018, April Service Company performed $1,500 of services, but as of December 31, 2018, the clients have not yet been billed. If April fails to make an adjusting entry on December 31, 2018, indicate the effect on assets, liabilities, equity, and net income.

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The Answer of During December 2018, April Service Company performed $1,500 of services, but as of December 31, 2018, the clients have not yet been billed. If April fails to make an adjusting entry on December 31, 2018, indicate the effect on assets, liabilities, equity, and net income.

During December 2018, April Service Company Performed $1,500 of Services