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Morris Company has earned 1/3 of the $2,400 previously recorded in Unearned Revenue. The adjusting entry would be: A. Unearned Revenue 800 Service Revenue 800
Morris Company has earned 1/3 of the $2,400 previously recorded in Unearned Revenue. The adjusting entry would be:
A.
Unearned Revenue | 800 | |
Service Revenue | 800 |
B.
Unearned Revenue | 1,600 | |
Service Revenue | 1,600 |
C.
Service Revenue | 1,600 | |
Unearned Revenue | 1,600 |
D.
Cash | 800 | |
Unearned Revenue | 800 |
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