Question
A law firm received $1800cash for legal services to be rendered in the future. The full amount was credited to the liability account Unearned Service
A law firm received $1800cash for legal services to be rendered in the future. The full amount was credited to the liability account Unearned Service Revenue. If the legal services have been rendered at the end of the accounting period and no adjusting entry is made, this would cause:
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Financial Accounting
Authors: Anne Britton, Chris Waterston
5th edition
273719300, 273719304, 978-0273719304
