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-   -   Unearned Service Revenue still Unearned journal Entry (https://www.askmehelpdesk.com/showthread.php?t=314890)

  • Feb 8, 2009, 05:44 PM
    astarjam
    Unearned Service Revenue still Unearned journal Entry
    I have unearned service revenue still unearned in the amount of 6,500 although my trial balance reflect $8,900.

    To make a journal entry would this be correct.
    Unearned Service Revenue 2400
    Service Revenue 2400
  • Feb 8, 2009, 05:58 PM
    pready

    Debit Unearned Service revenue for the amount of revenue that is earned in the period.
    Credit Service Revenue for the amount of revenue earned in the period.

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