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41. Requirement: Make the journal entries for both of the following: (10 points) On December 1, 2013, $14,800 was received for a service contract to
41. Requirement: Make the journal entries for both of the following: (10 points) On December 1, 2013, $14,800 was received for a service contract to be performed from December 1, 2013 until April 30, 2014. If the service work for this contract is performed evenly and on a regular basis throughout this period, make the adjusting journal entry as of December 31, 2013. a. b
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