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

    Feb 8, 2009, 05:44 PM
    Unearned Service Revenue still Unearned journal Entry
    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
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Feb 8, 2009, 05:58 PM

    Debit Unearned Service revenue for the amount of revenue that is earned in the period.
    Credit Service Revenue for the amount of revenue earned in the period.
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