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    angel314's Avatar
    angel314 Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Feb 23, 2012, 08:59 PM
    Adjusting unearned revenues
    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
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 23, 2012, 09:19 PM
    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
    angel314's Avatar
    angel314 Posts: 4, Reputation: 1
    New Member
    		  
    #3

    Feb 23, 2012, 09:30 PM
    Not sure
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