Accrued Revenue Adjusting Entries

Powers Rental Service had the following items that require adjustment at year end.

a$.$ Earned $$9,140$ of revenue from the rental of equipment for which the customer had not yet paid.

b$.$ Interest of $$750$ on a note receivable has been earned but not yet received.

Required:

Prepare the adjusting entries needed at December $31.$ If an amount box does not require an entry, leave it blank.

Dec. $31$

$$

$$

$$

$$

Dec. $31$

$$

$$

Feedback