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Double-A Public Relations Firm got a new client on September 1.Double-A will provide services to the new client at a rate of $250 per month for a three-month period beginning September 1.Double-A required the client to pay for the entire period in advance.Please show the journal entry for the cash collected by Double-A on September 1.
Shareholders
Individuals or entities that own shares in a corporation, giving them ownership interests and usually voting rights in the company.
Stock Options
are financial derivatives that give the holder the right, but not the obligation, to buy or sell stocks at a predetermined price within a specific period.
Unethical Behavior
Actions or practices that violate moral or professional standards of conduct.
Corporation
A legal entity recognized by law as separate from its owners, providing limited liability protection to its shareholders.
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