5a and b

EE3-5 p 121 PE 3-5A Adjustment for unearned revenue OBJ.3 Show On June 1, 2019, Herbal Co. received $18,900 for the rent of land for 12 months. Journalize the adjusting entry (include an explanation) required for unearned rent on December 31, 2019. How OBJ.3 EE 3-5 p. 121 PE 3-5B Adjustment for unearned revenue The balance in the unearned fees account, before adjustment at the end of the year, is $272,500. Journalize the adjusting entry (include an explanation) required if the amount of unearned fees at the end of the year is $189,750. Show Me How