The unearned revenue acct has a $1,800 credit balance before adjustment. An examination of the account shows $600 had been earned by year end. What are my adjusting entries going to be
|
The unearned revenue acct has a $1,800 credit balance before adjustment. An examination of the account shows $600 had been earned by year end. What are my adjusting entries going to be
The amount of the adjustment is given to you so your adjusting entry will be:
Debit Unearned Revenue for 600
Credit Earned Revenue for 600
Not sure
| All times are GMT -7. The time now is 06:26 PM. |