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Question 2: 1. COMMISSION INCOME 2. SERVICE REVENUE Balance 50000 Balance 85000 Data: Commission is unearned Rs. 45000 Data: Service Revenues are earned Rs.45000 3.

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Question 2: 1. COMMISSION INCOME 2. SERVICE REVENUE Balance 50000 Balance 85000 Data: Commission is unearned Rs. 45000 Data: Service Revenues are earned Rs.45000 3. CONSULTATION INCOME 4. Balance 60000! COMMISSION INCOME Balance 124000 Data: Commission is received but not earned Data: Consultation is earned but not received Rs. 35000 Rs. 25000 Required: Give Adjusting entries

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