if it says "service engine soon" yes, there is a problem. probably not severe but it should be scanned for engine codes and repaired at the nearest opportunity.
It is 120000.
debit accounts receivablecredit services revenue
3% of 120000 = 3% * 120000 = 0.03 * 120000 = 3600
20% of $120000 = 20% x $120000 = 0.20 x $120000 = 2400
It is 120000, exactly as it appears in the question!
120000
There is no way to predict this without knowing the service record and present condition of this vehicle.
DR CR Inventory 120000 Capital 120000 DR CR Inventory 120000 Capital 120000
70% of 120,000= 70% * 120000= 0.7 * 120000= 84,000
2% of 120,000 = 2% * 120000 = 0.02 * 120000 = 2,400
1% of 120,000= 1% * 120000= 0.01 * 120000= 1,200
120000