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Morris Company has earned 1/3 of the $1,500 previously recorded in Unearned Revenue. The adjusting entry would be: O A. Service Revenue Unearned Revenue 1,000
Morris Company has earned 1/3 of the $1,500 previously recorded in Unearned Revenue. The adjusting entry would be: O A. Service Revenue Unearned Revenue 1,000 1,000 OB. Unearned Revenue Service Revenue 500 500 OC. Unearned Revenue Service Revenue 1,000 1,000 OD. Cash Unearned Revenue 500 500
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290
