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candyautry
Jul 30, 2009, 04:25 PM
Dec. 1 Collected $3,200 cash in advance from customers. The service revenue will be earned $800 monthly over the four-month period ending March 31, 2009.

Requirements

Journalize these entries by debiting an asset account for Prepaid Rent and by crediting a liability account for Unearned Service Revenue.

Journalize the related adjustments at December 31, 2008
morgaine300
Jul 30, 2009, 09:41 PM
Please see the guidelines for posting homework problems:
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