Dolphin Co Report Assignment
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