Examlex
On August 1,Year 1,Benjamin and Associates collected $18,000 in advance for legal services to be rendered for one year.Which of the following entries reflect the end-of-the-year adjustment to reflect revenue earned?
Bribery
A corrupt and illegal activity in which a person offers, gives, solicits, or receives money, services, or anything of value in order to gain an illicit advantage.
Public Official
An individual holding an office in the government who performs duties for the benefit of the public.
Criminal Fraud
Intentional deception or misrepresentation made for personal gain or to damage another individual, which is punishable by law.
Conduct
The manner in which an individual or organization behaves or acts, especially concerning adherence to laws, regulations, or established norms.
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