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At December 31, the unadjusted trial balance of H&R Tacks reports Deferred Revenue of $5,700 and Service Revenues of $34.500 Obligations for one-half of
At December 31, the unadjusted trial balance of H&R Tacks reports Deferred Revenue of $5,700 and Service Revenues of $34.500 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. Required 1 Required 2 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.) View transaction list Journal entry worksheet 1 Record the adjusting entry on December 31. Note: Enter debits before credits Date December 31 General Journal Debit Credit At December 31, the unadjusted trial balance' of H&R Tacks reports Deferred Revenue of $5,700 and Service Revenues of $34,500 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. Required 1 Required 2 Post the beginning balances and adjusting entries to the following T-accounts. Deferred Revenue Debit Credit Beginning Balance Ending Balance Service Revenue Debit Credit Beginning Balance Ending Balance
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