Ask Experts Questions for FREE Help !
Ask
    curryt's Avatar
    curryt Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 13, 2010, 06:19 PM
    Unearned fees of 9000. 1600 services were provided what to put in adjusting journal
    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's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    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?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Recorded services provided [ 1 Answers ]

Recorded services provided on account for the period October 1-12, $5,750

Unearned Service Revenue still Unearned journal Entry [ 1 Answers ]

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

Unearned Fees to Earned Fees AJE [ 2 Answers ]

Unearned fees previously recorded of 1200. As of 12/31 fees have been earned--what is aje?

Unearned services [ 3 Answers ]

I received a check today for $ 6,000 from providence country club to photograph events held at the club over the next 12 months. This is the journal entry I did, please let me know whether it is correct. Cash 6000 Unearned revenue 6000 This is the final trial balance adusting entry...


View more questions Search