M4-21 Preparing and Posting Adjusting Journal Entries [LO 4-2] At December 31, the unadjusted trial balance of H&R Tacks reports Unearned Revenue of $5,200 and Service Revenues of $34,000. One-half of the unearned revenue has been earned as of December 31. 1. Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the adjusting entry on December 31. Note: Enter debits before credits. Date December 31 Gertoral Journal Debit Credit Record entry Clear entry View general journal < Prev 10 of 19 Next