Ocean Breeze Associates accrued $6,500 of Service Revenue at December 31. Ocean Breeze Associates received $17,000 on January 15 including the revenue recorded on December 31.

Requirement 1. Record the adjusting journal entry to accrue Service Revenue(debits first, then credits. Select the explanation on the last line of the joumal entry table.

Requirement 2. Record the reversing entry(Record debits first, then credits. Select the explanation on the last line of the joumal entry table.

Requirement 3. Journalize the cash receipt( Record debits first, then credits. Select the explanation on the last line of the journal entry table.

irst, then credits. Select the explanation on the last line of the jo lanation Debit Credit 0 Requirements 1. Record the adjusting journal entry to accrue Service Revenue. 2. Record the reversing entry. 3. Journalize the cash receipt. debits first, the lanation Print Done Requirement 1. Record the adjusting journal entry to accrue Service Revenue Record debit first, then credits. Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debil Credit Dec 31 Requirement 2. Record the reversing entry. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Accounts and Explanation Date Dobit Credit Jan 1 Requirement 3. Joumalize the cash receipt. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accounts and Explanation Debit Credit Jan. 15 Date