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Dealice is a UPA WIIU requires that her clients pay her in advance of accounting services rendered Beatrice routinely credits Legal Service Revenue when his
Dealice is a UPA WIIU requires that her clients pay her in advance of accounting services rendered Beatrice routinely credits Legal Service Revenue when his clients pay him in advance In August Beatrice collected P16,000 in advance fees and completed 75% of the work related to these fees What adjusting entry is required by Beatrice' firm at the end of August? Dr. Legal Service Revenue 4,000; Cr. Unearned Revenue 4,000 Dr. Unearned Revenue 12,000; Cr. Legal Service Revenue 12,000 Dr. Unearned Revenue 4,000; Cr. Legal Service Revenue 4,000 Dr. Cash 16,000; Cr. Legal Service Revenue 16 nnn
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