(Click the icon to view the situations.) a. December 1-business receives $3,000 for a 10-month service contract Date December 11 Accounts and Explanation December 31-year-end adjusting entry needed to update the balance in the account. Date December 31 Accounts and Explanation b. March 31-work performed but not yet billed to customers for the month, $1,000. Date March 311 Accounts and Explanation Apr 21-received payment for the work that was completed Date A21 Debit Credit Situations Debit Credit Debit Credit Accounts and Explanation Debit Credit a. Dec. 1-business receives $3,000 for a 10-month service contract Dec. 31-year-end adjusting entry needed to update the balance in the account 6. Mar. 31-work performed but not yet billed to customers for the month, $1.000 Apr. 21-received payment for the work that was completed e Jun 15-purchased $3.500 of office supplies on account Dec. 31-a count of supplies shows that only $1,800 worth is left at year-end, so the balance in the account needs to be updated d. Feb. 2-business paid a $600 deposit for the last month's rental of a copier on a 10-month contract Nov. 30-the rental period for the copier ended, so the balance in the prepaid account must be updated Jun 1-purchased truck for $33,000 (cash) with an expected useful ife of six years Dec. 31-year-end adjusting entry needed to record amortization Print Done - X