Designer Architects had the following additional information at its November 30, 2017, year-end:

a. The Unearned Revenue account showed a balance of $81,000, which represented four months of services paid in advance by a client for services beginning on October 15, 2017.

b. The payroll register showed the following unpaid amounts as at November 30:

Required:

Prepare the appropriate entries at year-end based on the above information: (Round the final answers to 2 decimal places.)

iPad 2:09 PM 61% Designer Architects had the following additional information at its November 30, 2017, year-end: a. The Unearned Revenue account showed a balance of $81,000, which represented four months of services paid in advance by a client f services beginning on October 15, 2017 b. The payroll register showed the following unpaid amounts as at November 30 Total El* Premium Net CPPDeductions PayableSalaries Salaries 97561 Sales Taxes 1,480.00 270,41 73.982 4.400.00 3,700.00 These values are based on assumed payroll deductions. The employer's portions of El and CPP are 1.4 times and 1 times the employees' portion respectively. c. The November ublity bill in the amount of $4,060.00 was unpaild and unrecorded at November 30. Required: Prepare the appropriate entries at year-end based on the above information: (Round the final answers to 2 decimal places.) Journal entry worksheet Record the carned portion of unearned revenue. Note: Enter debits before credits. Debit Credit Date Nov 30, 2017 Analysis Component: If the above entries are not recorded on November 30, 2017, what is the effect on the income statement and the balance sheet? (Enter all value as positive values. Round the final answers to 2 decimal places.) Effect The income statement would be On the balance sheet, liabilities would be On the balance sheet, equity would be On the balance sheet, assets would be