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Jupiter Services Sells Service Plans for Commercial Computer Maintenance

question 88

Essay

Jupiter Services sells service plans for commercial computer maintenance.The price for each service plan is $1,650 per year,paid in advance.On October 1,2017,a service plan was sold to a new customer for cash.Prepare the journal entry to record this transaction.


Definitions:

Action Stage

A phase in the Transtheoretical Model of Behavior Change where individuals actively implement behavior changes towards a goal.

Health Action Process Approach Model

A psychological theory that describes the process of how individuals intend to achieve and maintain health-related behaviors.

Transition

The process or a period of changing from one state or condition to another in any aspect of life or environment.

Preparation Stage

A phase in the Transtheoretical Model of change where individuals intend to take action to address a behavior or problem within the near future.

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