How shoud I record the following information:
( December 31 )
Of the $37,000 balance in Unearned Revenue, $5,000 remains unearned.
Thank you
Paula
|
How shoud I record the following information:
( December 31 )
Of the $37,000 balance in Unearned Revenue, $5,000 remains unearned.
Thank you
Paula
Dr. Unearned Revenue 32,000
Cr. Revenue 32,000
37,000-5,000 = 32,000
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