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At December 31 , the unadjusted trial balance of H&R Tacks reports Deferred Revenue of $4,800 and Service Revenues of $33,600. Obligations for one-half of
At December 31 , the unadjusted trial balance of H\&R Tacks reports Deferred Revenue of $4,800 and Service Revenues of $33,600. Obligations for one-half of the deferred revenue have been fulfilled as of December 31 . Required: 1. Prepare the adjusting journal entry on December 31 . 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers In the tabs below. 1. Prepare the adjusting journal entry on December 31 . 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required: 1. Prepare the adjusting journal entry on December 31. 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers In the tabs below. Post the beginning balances and adjusting entries to the following T-accounts
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