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Home > Business & Careers > Accounting   »   Adjusting journal entry

 
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Old Oct 16, 2007, 05:34 PM
svstudent
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Adjusting journal entry

unearned revenue=1700

unearned revenue is for 68 hair cuts to be given to local boy scouts group the group paid in advance for these in november as of december 31st 56 hair cuts have been given

for my adjusting entry do i
debit unearned revenue 1400
?

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