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Costanza Company experienced the following events and transactions in July. July 1 Received $ 4 , 1 0 0 cash in advance of performing work
Costanza Company experienced the following events and transactions in July.
July Received $ cash in advance of performing work for Vivian Solana.
July Received $ cash in advance of performing work for Iris Haru.
July Completed the job for Solana.
July Received $ cash in advance of performing work for Amina Jordan.
July Completed the job for Haru.
July None of the work for Jordan has been performed.
a Prepare journal entries including any adjusting entries as of the July monthend to record these events using the procedure of initially crediting the Unearned Revenue account when payment is received from a customer in advance of performing services.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.
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