Knowledge Check $01$

A company is in its first month of operations. On January $15,$ the company receives $$600$ from customers who will receive $10$ voice lessons $($ $$60$ per lesson$).$ As of January $31,$ the company has provided $8$ voice lessons. What adjusting entry would be made at the end of January? Post the adjusting entry for the scenario provided. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

Record the adjusting entry for services provided during the month of January.

Note: Enter debits before credits.