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i need clairfication on if this is correct. thanks Instructions - Prepare the necessary adjusting journal entries indicated by each item for the year ended

i need clairfication on if this is correct. thanks image text in transcribed
Instructions - Prepare the necessary adjusting journal entries indicated by each item for the year ended December 31, 2021 for James Company. 1. Unearned Service Revenue was credited for \$1,200 on April 1, 2021 for cash received from a customer in that amount. The amount represents a one-year advance payment for services to be performed on a monthly basis by James Company through March 31,2022

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