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On Dec. 31.7 Unearned Rent Income 3000 Adjustment at the year end Annual Rent Income is KD 2000 * In the Balance Sheet the amount for the Rent Income is : 2) in the Assets 2000 in the Liabilities 2000 in the Assets 1000 O in the Liabilities 1000 On Dec. 31.8 Unearned Rent Income 3000 Adjustment at the year end Annual Rent Income is KD 2000 * In the Income Statement the amount for the Rent Income is (2 (2 ) 3000 2000 5000 1000 On Dec. 31.9 Service income 10000 Adjustment at the year end Monthly Service income 1000 S * Debit side of adjusting entry is ( (2 ) Dr. Unearned Service income 2000 O Dr. Service income 2000 Dr. Service income 12000 Dr. Unearned Service income 12000