Preparing and Posing Adjusting Journal Entries At December 31, the unadjusted trial balance of H&R ticks reports Unearned Revenue of $5,000 and Service Revenues of $33,800. One-ball of the unearned revenue has been earned as of December 31. Prepare the adjusting journal entry on December 31. In separate T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Preparing and Posting Adjusting Entries