Browning, Inc., collects cash from customers in advance and from other customers after the sale Read the requirement b. Jounalize Browning receiving $2,000 in advance and then eaming $1,500 as service revenue. Start by recording Browning's cash collections in advance of services being performed est Journal Entry Date Accounts Debit Credit 2018 Journalize the following transactions for Browning: a. Accrued revenue. Some customers pay Browning after Browning has performed the service for the customer. During 2018, Browning performed services for $15,000 on account and later received cash of $10,000 on account from these customers. b. Unearned revenue. A few customers pay Browning in advance, and Browning later performs the service for the customer. During 2018, Browning collected $2,000 cash in advance and later earned $1,500 of this amount