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During December, Littleton designed a landscape plan and the client prepaid $6,000. Littleton recorded this amount as Unearned Revenue. The job will take several months
During December, Littleton designed a landscape plan and the client prepaid $6,000. Littleton recorded this amount as Unearned Revenue. The job will take several months to complete, and Littleton estimates that the company has earned 50 percent of the total revenue during the current year. Journalize the subsequent journal entry that Littleton will record when the job is complete
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