Assume Universal Logistics Holdings, Inc. received
$24,000
for an annual contract to provide transportation services for a global beverage company. How would ULH record this transaction? What financial statement(s) would this transaction affect?

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Assume Universal Logistics Holdings, Inc. received

$24,000

for an annual contract to provide transportation services for a global beverage company. How would ULH record this transaction? What financial statement(s) would this transaction affect?

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