Customers were billed for $$800$ for work completed. The Service Revenue unadjusted balance as of December $31$ is $$6,300.$

Adjustment Type:

Accounts Receivable

Service Revenue

A two year insurance policy for $$1,320$ was purchased on November $1$ of the current year. Record the transaction for the year ended December $31.$

Adjustment Type: $$

Insurance Expense

Prepaid Insurance

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