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Effect billed customers for services performed by generating invoices that detail the services rendered, along with the associated costs. This process ensures transparency and facilitates timely payment. Additionally, it helps maintain accurate financial records, enabling businesses to track revenue and manage cash flow effectively.

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4mo ago

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What is trade accounts receivable?

Trade receivables are amounts billed by a business to its customers when it delivers goods or services to them in the ordinary course of business.


What is the accounting journal entry for billed customers for services provided?

debit accounts receivablecredit services revenue


Billed customers 16450 for crop dusting services rendered during the second half of the month?

kindly someone could pass this entry


What is the journal entry for billed customers for services?

The journal entry for billing customers for services involves debiting Accounts Receivable and crediting Service Revenue. For example, if a company bills customers $1,000 for services rendered, the entry would be: Debit Accounts Receivable $1,000 and Credit Service Revenue $1,000. This entry recognizes the revenue earned and the amount owed by customers.


When a company has performed a service but not yet recived payment?

When a company has performed a service but has not yet received payment, it recognizes the revenue earned as an asset called "accounts receivable." This reflects the amount owed by customers for services rendered. Until payment is received, the company maintains this amount on its balance sheet, indicating that it expects to collect the funds in the future. This situation is common in many industries where services are billed after completion.


Which services are available from Verizon DirectTV?

Verizon DirectTV offers high speed internet with Verizon technology to DirectTV customers. This is a newly added service of DirectTV that finally allows their customers internet access that is billed through DirectTV.


Billed customers 16450 for crop dusting services rendered during the second half of the month show its adjusted general journal entry?

To record the billing for crop dusting services rendered, the adjusting journal entry would be as follows: Date: [End of month date] Debit: Accounts Receivable 16,450 Credit: Service Revenue 16,450 This entry recognizes the revenue earned from the crop dusting services and reflects the amount billed to customers in the accounts receivable.


Where do you put billed customers for fees earned on accounting equation?

Accounts Receivable and Capital


What is billed revenue?

Basically the same as product revenue, when an entity is sent a bill for services rendered. The amount received is known as billed revenue.


If the negotiator is terminated by the principal can he claim the over-writing or not?

Question is very unclear - If you are referring to the negotitators abilty to claim payment for his services, then they can invoice whoever it was that employed them in their capacity as negotiator. If it was the principal, then the principal can be billed for the services performed. Hopefully there was a contract for service prepared and signed.


What is the term for continious services on monthly basis?

You are billed monthly with no term limit.


Received 17000 cash from a customer who had previously been billed for services provided.?

no effects

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