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On October 31 of the current year, unearned service revenue of $4,800 was recognized representing one year of services to be performed over the following

On October 31 of the current year, unearned service revenue of $4,800 was recognized representing one year of services to be performed over the following 12 months. The adjusting entry on December 31 will include a(n)...

answer: increase to service revenue of $800.

Can you please explain why that's the answer and how

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