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A lawyer collected $530 of legal fees in advance. He erroneously debited Cash for $350 and credited Accounts Receivable for $350. The correcting entry is

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A lawyer collected $530 of legal fees in advance. He erroneously debited Cash for $350 and credited Accounts Receivable for $350. The correcting entry is 530 Cash Service Revenue 530 180 Cash Accounts Receivable 180 180 350 Cash Accounts Receivable Unearned Service Revenue 530 350 180 Cash Accounts Receivable Unearned Service Revenue 530

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