How would you do the entry for revenue earned and billed to clients during the month, $41,900

Hi, I am preparing a good form multiple-step income statement and a statement of retained earnings for 2008. In reviewing the accounts, I recognized that a revenue item of $400 000 was not recorded in 2006, the year in which it was earned. I know that there needs to be an adjustment done...

Hi, I am preparing a good form multiple-step income statement and a statement of retained earnings for 2008. In reviewing the accounts, I recognized that a revenue item of $400 000 was not recorded in 2006, the year in which it was earned. I know that there needs to be an adjustment done but...

What's is fee earned labeled on a income statement ledger