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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Financial Accounting Fundamentals
Authors: John Wild, Ken Shaw, Barbara Chiappetta
6th edition
1259726916, 978-1259726910
