Multiple Choice
On August 1 of the current year, Jamie Simmons received $5,400 for legal services to be performed evenly throughout the next six months. The adjusting entry on December 31 of the current year would include a:
A) credit to Unearned Service Revenue of $4,500.
B) debit to Unearned Service Revenue of $900.
C) debit to Service Revenue of $900.
D) credit to Service Revenue of $4,500.
Correct Answer:
Verified
Correct Answer:
Verified
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