cruizinchik
Feb 27, 2007, 02:28 PM
I have to make an adjusting entry for this:
Unearned Service Revenue still Unearned, $800
There is a previous credit balance of 5,300. At first I thought there was no entry, but then when I started to do the income statement the answer I'm suppose to have is not correct with the answer I have. I need help, I've been working on this question since yesterday and I do not get it! Any help or insight would be greatly appreciated thanks!
Unearned Service Revenue still Unearned, $800
There is a previous credit balance of 5,300. At first I thought there was no entry, but then when I started to do the income statement the answer I'm suppose to have is not correct with the answer I have. I need help, I've been working on this question since yesterday and I do not get it! Any help or insight would be greatly appreciated thanks!