ACC 121 Chapter 3 Competency Questions estion 6: Which journal entry reflects the adjusting entry needed on December 31?: delivered in end of the fiscal year Dr. Unearned Revenue 5,000 Qu r, BOC received a $5,000 cash deposit from a custormer for custom-build goods that will be in January (BOC recorded an entry for this $5,000 in November). Now, it is December 31, the 5,000 Cr. Revenue No entry needed. Dr. Unearned Revenue 5,000 Cr. Inventory 5,000 Dr. Cash 5,000 Cr. Revenue 5,000 Advances from Customers -5,000 Cr. Revenue Dr. 5,000