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    ria_jii's Avatar
    ria_jii Posts: 1, Reputation: 1
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    #1

    Sep 30, 2007, 01:01 AM
    Year-end adjusting entry
    Services totaling $780 had been performed but not yet billed or recorded.

    Would this be consider an no entry
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 30, 2007, 02:35 AM
    You need an entry.

    Dr. AR 780
    Cr. Sales 780
    rubygarcia's Avatar
    rubygarcia Posts: 6, Reputation: 2
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    #3

    Sep 30, 2007, 05:55 PM
    Quote Originally Posted by ria_jii
    Services totaling $780 had been performed but not yet billed or recorded.

    would this be consider an no entry
    This is considered as an accrual. You debit Services Received and credit Accruals
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