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Adjustment for unearned revenue Instructions Chart of Accounts Jouma Instructions On June 1, 2019, Herbal Co. received $22.440 for the rent of land for 12
Adjustment for unearned revenue Instructions Chart of Accounts Jouma Instructions On June 1, 2019, Herbal Co. received $22.440 for the rent of land for 12 months Journalize the adusting entry required for unearned rent on December 31, 2019. Refer to the Chart of Accounts for exact wording of accounts Show Me How Calculator for unearned revenue ons Chart of Accounts Journal of Accounts CHART OF ACCOUNTS Herbal Co. General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 42 Rent Revenue 13 Supplies EXPENSES 14 Prepaid Insurance 15 Land 51 Advertising Expense All work saved or unearned revenue ans Chart of Accounts Journal of Accounts 14 Prepaid insurance CARCNICO 15 Land 16 Equipment 17 Accumulated Depreciation-Equipment 51 Advertising Expense 52 Insurance Expense 53 Rent Expense I 54 Salary Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Unearned Rent 23 Salaries Payable 24 Taxes Payable EQUITY ns tof Accounts LIADILITIES 55 Suppies Experis 21 Accounts Payable 56 Utilities Expense 22 Unearned Rent 57 Depreciation Expe 59 Miscellaneous Expe 23 Salaries Payable 24 Taxes Payable 2 I EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends All work saved. Calculator wustment for unearned revenue Instructions Chart of Accounts Journal instructions Chart of Accounts Journal + Journalize the adiusting entry required for unearned rent on December 31, 2019. Refer to the Chart of Accounts for exact wording of account sites PAGE 10 JOURNAL ACCOUNTING EQUATION DATE POST. REF. DEBIT CREDIT ASSETS LABILITIES ET DESCRIPTION Adjusting Entries 1 2 3
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