Sparkling Pools provides $1,000 of pool maintenance services during July and col

Question

Sparkling Pools provides $1,000 of pool maintenance services during July and collects payment in August. The company performs $1,600 of pool maintenance services during July that were paid for in June. The company accepts an order to perform $500 of pool maintenance services in August and will be paid in the same month. Revenue should be credited for: Answer $1,600 in June, $1,000 in July, and $500 in August. $1,600 in June, $0 in July, and $1,500 in August. $0 in June, $1,600 in July, and $1,500 in August. $0 in June, $2,600 in July, and $500 in August. Sparkling Pools provides $1,000 of pool maintenance services during July and collects payment in August. The company performs $1,600 of pool maintenance services during July that were paid for in June. The company accepts an order to perform $500 of pool maintenance services in August and will be paid in the same month. Revenue should be credited for: Sparkling Pools provides $1,000 of pool maintenance services during July and collects payment in August. The company performs $1,600 of pool maintenance services during July that were paid for in June. The company accepts an order to perform $500 of pool maintenance services in August and will be paid in the same month. Revenue should be credited for: $1,600 in June, $1,000 in July, and $500 in August. $1,600 in June, $0 in July, and $1,500 in August. $0 in June, $1,600 in July, and $1,500 in August. $0 in June, $2,600 in July, and $500 in August. $1,600 in June, $1,000 in July, and $500 in August. $1,600 in June, $0 in July, and $1,500 in August. $0 in June, $1,600 in July, and $1,500 in August. $0 in June, $2,600 in July, and $500 in August.

Explanation / Answer

$1,600 in June, $0 in July, and $1,500 in August.

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