The Information in the Following T-Accounts of Gibson Company Indicates

question 138

Multiple Choice

The information in the following T-accounts of Gibson Company indicates that:

• A)Cash has been paid out to a company that will provide future services to Gibson Company.
• B)Cash has been received by Gibson for services that Gibson will provide in the future.
• C)Gibson has provided services to a customer and the cash account has been increased.
• D)None of these

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