earned $3,850 of revenue from sales during December 2018 that had been paid for in advance by our customers. cost of goods were $1,300. Prepare adjusted journal entry for cost of goods sold and sales of goods sold.

Cash Accounts Receivable Allowance for Doubtful Accounts Inventor Prepaid Advertisin Supplie:s Accounts Payable Unearned Revenue Long-Term Note Pavable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Wages Expense Utility Expense Advertising Expense 105,800 14,600 1,900 10,000 1,200 2,200 14,200 4,000 7,000 70,900 28,800 74,200 34,200 8,700 3,400 20,900 Totals 201,000 201,000