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Please help with 3-10 and 3-11. We haven't been taught any of this yet and I'm not good at teaching myself. For each separate case

Please help with 3-10 and 3-11. We haven't been taught any of this yet and I'm not good at teaching myself. image text in transcribed

For each separate case belo what the current accoun from step 1 to step 2. Assume a. Unearned Rent R cenarate case below, follow the three-step process for adjusting the unearned revenue liability as 3-1 sunt at December 31. Step 1: Determine what the current account balance equals. Step 2: Determine Unearned (deferred current account balance should equal. Step 3: Record the December 31 adjusting entry to get revenues adjustments I to step 2. Assume no other adjusting entries are made during the year. P2 arned Rent Revenue. The Krug Company collected $6.000 rent in advance on November 1, deb- ting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November 1. horned Services Revenue. The company charges $75 per insect treatment. A customer paid $300 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to nearned Services Revenue. At year-end, the company has applied three treatments for the customer. nearned Rent Revenue. On September 1, a client paid the company $24.000 cash for six months of rent in advance (the client leased a building and took occupancy immediately). The company recorded the cash as Unearned Rent Revenue. QS 3-11 Adjusting for unearned deferred) revenues P2 For each separate case, record the necessary adjusting entry. a. Tao Co. receives $10,000 cash in advance for four months of evenly planned legal services beginning on October 1. Tao records it by debiting Cash and crediting Unearned Revenue both for $10.000. It is now December 31, and Tao has provided legal services as planned. What adjusting entry should Tao make to account for the work performed from October 1 through December 31? b. Caden started a new publication called Contest News. Its subscribers pay $24 to receive 12 monthly issues. With every new subscriber, Caden debits Cash and credits Unearned Subscription Revenue for the amounts received. The company has 100 new subscribers as of July 1. It sends Contest News to each of these subscribers every month from July through December. Assuming no changes in sub- scribers, prepare the year-end journal entry that Caden must make as of December 31 to adjust the Subscription Revenue account and the Unearned Subscription Revenue account

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