BE 233 On February 1, Results Income Tax Service received a 4,000 cash retainer for tax preparation services to be rendered equally over the next 4 months. The full amount was credited to the liability account Unearned Service Revenue. Assuming that the revenue is earned equally over the 4-month period, what balance would be reported on the February 28 statement of financial position for Unearned Revenue? BE 234 Jeff Anderer Enterprises purchased computer equipment on May 1. 2017 for $5,400 The company expects to use the equipment for 3 years. It has no residual value 1. What adjusting journal entry should the company make at the end of each month if monthly financials are prepared (annual depreciation is $1,800)? What is the book value of the equipment at May 31, 2017? 2