4 QS 3-10 Unearned (deferred) revenues adjustments LO P2 125 points 8 01:49:21 Record adjusting Journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made during the year. a. Unearned Rent Revenue. The Krug Company collected $16,800 rent in advance on November 1. debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. b. Unearned Services Revenue. The company charges $165 per Insect treatment. A customer paid $660 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue. At year-end, the company has applied three treatments for the customer. c. Unearned Rent Revenue. On September 1, a client pald the company $45.600 cash for six months of rent in advance (the client leased a building and took occupancy Immediately). The company recorded the cash as Unearned Rent Revenue. ebook Hint View transaction at X References > 1 The Krug Company collected $15,800 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. debiting 2 months 2. The company charges $165 per insect treatment. A customer paid $660 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Uneared Services Revenue. At year-end, the company has applied three treatments for the customer. Credit 3 on September 1, a client paid the company $45,600 cash for six months of rent in advance the client leased a building and took occupancy immediately). The company recorded the cash as Unearned Rent Revenue. Note : = journal entry has been entered Record entry Clear entry View general Journal