Service Revenue Journal Entry / Fees Earned or Fees Received Journal Entry
Service Revenue Definition And Meaning Whe n companies provide services to customers for a specified fees, then Service Revenue Account is created. For Services companies which provide services to customers, it is a main source of Revenue for these kinds of companies / corporations. When it is earned by the company for Cash , then the Journal Entry would be as follows: Cash a/c XXX Service Revenue Received a/c XXX ...