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    jch15's Avatar
    jch15 Posts: 1, Reputation: 1
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    #1

    Oct 5, 2009, 07:19 AM
    Adjusting entries: how to journalize a specific adjusting entry
    How would I journalize this adjusting entry?

    Invoices representing $1,000 of services performed during the month have not been recorded as of May 31. :confused:
    bgriffi3's Avatar
    bgriffi3 Posts: 13, Reputation: 1
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    #2

    Oct 6, 2009, 03:03 PM

    Debit
    Accounts Rec 1000.00
    Credit
    Services earned (fees earned) 1000.00
    So you are recording fees to come in
    For services you already provided.
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