Question
Katelyn Marie's Law Firm's unadjusted trial balance includes the following: Cash$4,200 Unearned Legal Fees1,200 Legal Fees Revenue14,400 Using the above data, record the adjusting entry
Katelyn Marie's Law Firm's unadjusted trial balance includes the following:
Cash$4,200
Unearned Legal Fees1,200
Legal Fees Revenue14,400
Using the above data, record the adjusting entry for $1,000 of the unearned legal fees earned.
Answer:
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
