26. Zoogle received $3,000 from customers on February 1, for dog walking services to be provided from March 1 through May 31. Assuming that Zoogle correctly recorded the February 1 transaction and adjusts its accounting records at each month-end, which of the following adjustments should be recorded on April 30? A) dr Prepaid revenue 2,000 1.00 2000 000 1,000 cr Service revenue dr Accounts receivable B) C) dr Prepaid expenses 1001,06 Service revenue cr Service revenue D) None of the above. 27. Zoogle Corporation uses the aging method when applying the allowance method of accounting for sales made on account. On May 1, Accounts Receivable was $4,000 and the Allowance for Doubtful Accounts had a credit balance of $200. During the month of May 2017, Zoogle recorded total sales of $6,400, which included credit sales of $5,000. 15% of over 30-day accounts and 5% of under 30-day accounts receivable will be uncollectible. What is the journal entry to adjust the allowance for doubtful accounts at the end of May 2017? During the month No money was collected on account during the month. Zoogle estimates that A) dr Bad Debt Expense cr Allowance for Doubtful Accounts cr Allowance for Doubtful Accounts cr Bad Debt Expense 550 6s0 so 850 550 B) dr Bad Debt Expense C) dr Allowance for Doubtful Accounts D) None of the above. 650 850 28. Which of the following would not cause an expense to be reported in June? A) Zoogle is billed for $100 of electricity used in June. The bill will be paid in July B) A Zoogle employee earns $900 in wages for pet sitting services in June but is not paid until July C) Zoogle pays $1,000 on June 30 for rent for the months of July and August. D) Zoogle uses $300 of supplies in June. The supplies were received in May