QS 3-10 (Algo) Unearned (deferred) revenues adjustments LO P2 Record adjusting Journal entnes for each separate case below for year ended December 31 Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $18,000 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began on November 1 b. Unearned Services Revenue. The company charges $175 per insect treatment A customer paid $700 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue. At year-end, the company has applied three treatments for the customer c. Unearned Rent Revenue. On September 1, a client paid the company $48,000 cash for six months of rent in advance and took occupancy immediately. The company recorded the cash as Unearned Rent Revenue. Journal entry worksheet The Krug Company collected $18,000 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 month' rent in advance and ocoupancy began November 1. Wote Ented debits belore credits. QS 3-10 (Algo) Unearned (deferred) revenues adjustments LO P2 Record adjusting journal entries for each separate case below for year ended December 31 Assume no other adjusting entries are made during the year o. Unearned Rent Revenue. The Krug Company collected $18,000 rent in advance on November 1 , debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began on November 1. b. Unearned Services Revenue. The company charges $175 per insect treatment. A customer paid $700 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue. At year-end, the company has applied three treatments for the customer c. Unearned Rent Revenue. On Septembet 1, a client paid the company $48,000 cash for six months of rent in advance and took occupancy immediately The company recorded the cash as Unearned Rent Revenue. Journal entry worksheet The company charges $175 per insect treatment, A customer paid $700 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue. At year-end, the company has applled three treatments for the customer. Note: Enter dobits before-credits. QS 3-10 (Algo) Unearned (deferred) revenues adjustments LO P2 Record adjusting journal entries for each separate case below for year ended December 31 Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $18,000 rent in advance on November 1 , debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months rent in advance and occupancy began on November 1 b. Unearned Services Revenue. The company charges $175 per insect treatment: A customer paid $700 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue At year-end, the company has applied three treatments for the customer. c. Unearned Rent Revenue. On September 1, a client paid the company $48,000 cash for six months of rent in advance and took occupancy immediately. The company recorded the cash as Unearned Rent Revenue. Journal entry worksheet On September 1, a client paid the company $48,000 cash for six months of rent in advance and took occupancy immediately. The company recorded the cash as Unearned Rent Revenue. Hotet Enter dabits belore credits