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View Full Version : Unearned fees of 9000. 1600 services were provided what to put in adjusting journal


curryt
Feb 13, 2010, 06:19 PM
If the unearned fees is already 9000.
The balance in unearned fees represented the February 1 receipt in advance for services to be provided. Only $1,600 of the services was provided between February 1 and February 28.

morgaine300
Feb 16, 2010, 05:17 PM
When services are provided, what kind of account is that? So you have to recognize those services.

If 1600 of it has been provided, is it still unearned?