Dorearned Revenue Jennifer's Landscaping Services signed a $1,930-per-month contract on November 1 to provide plant-watering services for Lola Inci's office buldings. Jennifer's recelved 3 months' service fees in advance on signing the contract. Required: 1. Prepare Jennifer's journat entry to record the cash receipt for the first 3 months. Nov. 1 Fented r Chesk Hy won 1. Revenues are recognues when earned. We talked about this in Chapter 5. 2. Prepare Jennifer's adjusting entry at December 31 . Dec. 31 Fondark Fonet My work 2. Revenue is not recorded until earned. (Record recognition of revenue) T Chedk My Won 2. Revenue is not recorded until earned. 3. Conceptual Connection: How would the advance payment facckint(s) and amount(s)] be reported in Jennifer's December 31, 2019, baiance sheet? Unearned sales revenue in the amount of 1 X would appear among Jennifer's How would the advance payment [account(s) and amount(s)] be reported in Lola's becember 31, 2019, balance sheet? Unearned sales revenue x in the amount of 3 . x would appear among tola's Fenpoeck F Chech My Was 3. Consider the accounts used in the joumal entry and determine how these accounts will be reflected in the finaneial statements