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I completed question 2. a On 2/1/13, Aberkonkie & Fitch collected fees of 12,000 in advance for 1,000 of services to be performed each month
I completed question 2. a On 2/1/13, Aberkonkie & Fitch collected fees of 12,000 in advance for 1,000 of services to be performed each month from 2/1/13 to 1/30/14. I believe the answer is Dr. Cash 12,000 Cr. Unearned Revenue 12,000. Could you please let me know if I am correct
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Introduction To Financial Accounting
Authors: Charles T Horngren, John A Elliott
9th Edition
0131479725, 978-0131479722
