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On October 1 of the current year, Wood Services received $ 1 5 comma 0 0 0 $ 1 5 , 0 0 0 for

On October 1 of the current year, Wood Services received $ 15 comma 000$15,000 for services to be performed evenly over the next 12 months. Wood Services initially recorded the $ 15 comma 000$15,000 as unearned service revenue. The adjusting entry on December 31 of the current year will include a:

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