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At December 31, the unadjusted trial balance of H&R Tacks reports Deferred Revenue of $4,700 and Service Revenues of $33,500. Obligations for one-half of the
At December 31, the unadjusted trial balance of H&R Tacks reports Deferred Revenue of $4,700 and Service Revenues of $33,500. Obligations for one-half of the deferred revenue have been fulfilled as of December 31 Required: 2 Prepare the T-accounts for each account, enter the unadjusted balances,post the adjusting Journal entry, and report the adjusted balance. Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the adjusting jourmal entry on December 31. (If no entry is required for a transaction/event, select "No Joumal Entry Required in the first account field.) ew transaction lst Journal entry worksheet Record the adjusting entry on December 31 Note: Enter debits before credits. Credit December 31 Record entry Clear entry View general journal
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