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College accounting

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In order to provide snacks for guests on a 24-hour basis, Night sign a contact with Snack Attack. Snack Attack will install vending machines with food and drinks and pay a 10% commission on all sales.Estimated payments are made at the beginning of each month. Night received a check for 200, the estimated commission on sales for May. What 2 account was affect.

  • College accounting - ,

    Cash and Commission Revenue

    Cash 200
    Commission Revenue 200

  • College accounting - ,

    cash 200
    unearned revenue 200

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