[astronom]

The answer I have is 2,000 debit, Rev: 2,000credit, Unearned Rev.

The following info was given
Unearned Rev 5,700
Rev 28,000
Balance in unearned rev 2,000

[JPY]

The answer I have is 2,000 debit, Rev: 2,000credit, Unearned Rev.

The following info was given
Unearned Rev 5,700
Rev 28,000
Balance in unearned rev 2,000

Cash $45,000, a/c payable $80,000, properties $200,000, long term debt $60,000, a/c receivable $90,000, inventory $75,000. What would be total asset and retained earnings?

[JPY]

If Cash $45,000; A/c Payable $80,000; Prop. & Eqpt. $200,000; Long Term Debt $60,000; Capital Stock $60,000; A/c Receivable $150,000; Inventory $75,000

What Will Be The Total Asset?
What Will Be There Retained Earnings?

[JPY]

If Asset Is $350,000; Liabilities $130,000; And Retained Earnings Of $180,000;
What Is Owner's Investment?


Prepare Journal Entries, Adusted Trial Balance, Income Statement And Statement Of Retained Earnings Forn The Following Information:
Cash $26,667 Debit; Prepaid Ins. $450 Debit; Film On Hand $250 Debit; Cameras $20,000 Debit; Acc. Dep. Cameras $3,667 Credit; A/c Repayable $7,000; Credit Unearned Rev. $5,700 Creidt; Note Payable $3,000 Credit; Capital Stock $1,000 Credit; Retained Earnings $5,800 Credit; Dividends $1,200 Debit; Revenue $28,000 Credit; Utilities Exp. $3,200 Debit; Salaries Exp. $2,400 Debit
The Insurance Policy Was Dated Dec. 1; The Monthly Insurance Cost Is $50; Film On Hand At Dec. 31 Was $180; The Cameras Were Purchased On Jan 1 With An Estiomated Life Of Five Years; The Balance In Unearned Revenue Is $2,000; Interest Owned But Not Paid On The Note Was $30; Salaries Owed But Not Paid At Dec. 31 Were $2,000

[morgaine300]

CASH $45,000, A/C PAYABLE $80,000, PROPERTIES $200,000, LONG TERM DEBT $60,000, A/C RECEIVABLE $90,000, INVENTORY $75,000. WHAT WOULD BE TOTAL ASSET AND RETAINED EARNINGS?

You've posted this as an answer to someone else's question. Not only is it confusing to find a completely unrelated question in someone else's thread, but I thought you were trying to answer the original question, making it even more confusing.

Could you please start your own thread with your question, and post each question separately. And then read the red announcement at the top of the page about posting homework questions.

[morgaine300]

The answer I have is 2,000 debit, Rev: 2,000credit, Unearned Rev.

The following info was given
Unearned Rev 5,700
Rev 28,000
Balance in unearned rev 2,000

Hi. You've made a common error when doing unearned accounts.

You may first want to read some of the explanation of what an unearned revenue account is, and what the purpose of adjusting it is, in my answer to this post:
https://www.askmehelpdesk.com/financ...ce-190197.html

When they're giving you the balance in the unearned account, they are not trying to give you an amount to be added to that account. There's the common error: students try to add that amount to the account.

They are actually trying to tell you that there is $2000 that is STILL unearned. I like to stress the "still." $5700 was originally what was unearned and put into the unearned account. That's the balance showing in there now. Out of the $5700, $2000 is still unearned. So what happened to the other $3700?

See if you can take my explanation from the other thread, together with this, and take another crack at this. Just as a note, the balance in the revenue is completely irrelevant.