Adjustment for Unearned Revenue

For a recent year, Microsoft Corporation reported short-term unearned revenue of $18,653 million. For the same year, Microsoft also reported total revenues of $73,723 million.

a. Assuming that Microsoft recognized $6,000 million of unearned revenue as revenue during the year, what entry for unearned revenue did Microsoft make during the year? Indicate whether each account is increased or decreased and the amount of the increase or decrease.

Unearned revenue	SelectincreasedecreaseItem 1	$ million
Revenue	SelectincreasedecreaseItem 3	$ million

b. What percentage of total revenues is the short-term unearned revenue? Round your percentage answer to one decimal place. %

Adjustment for Accrued Salaries

North Slope Realty Co. pays weekly salaries of $7,900 on Friday for a five-day week ending on that day. What is the adjustment at the end of the accounting period, assuming that the period ends (a) on Wednesday, (b) on Thursday? Indicate whether each account is increased or decreased and the amount of the increase or decrease.

a.	Salary expense	SelectincreasedecreaseItem 1	$
	Salary payable	SelectincreasedecreaseItem 3	$
b.	Salary expense	SelectincreasedecreaseItem 5	$
	Salary payable	SelectincreasedecreaseItem 7	$