Dolphin Co. Report Assignment

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Dolphin Co. Report Assignment

Dolphin Co. received $1,500 in fees during 2017, 1/3 of which will be earned in 2018. The rest was earned when the amount was received. The company should report which of the following amounts as income in 2017? Select one: A. $1,000 B. $500 C. $0 D. $1,500. Get Accounting homework help today

Dolphin Co. received $1,500 in fees during 2017, 1/3 of which will be earned in 2018. The rest was earned when the amount was received. The company should report which of the following amounts as income in 2017?

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Select one:
A. $1,000
B. $500
C. $0
D. $1,500. Get Accounting homework help today