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Question 2 2452Y Core is a consulting company located in northern Chio. Consulting fees creed but uncollected and unrecorded in the company accounting records as
Question 2 2452Y Core is a consulting company located in northern Chio. Consulting fees creed but uncollected and unrecorded in the company accounting records as of December 31, 2031 out to $12,000. The company expects they will collect these fees in January, 2032. The adjusting entry required at December 11, 2011 would be debit consulting fees receivable $12.000 and credit unearned consulting fees $12.000 debit consulting fees receivable 512.000 ind credit consulting fee revenue $12.000 debit unewned consulting fees $12.000 and credit consulting fee revenue $12.000 O debit consulting tee revenue $12.000 and credit consulting fees receivable $12.000 debit consulting fee revenue $12.000 and credit uneained consulting fees $12.000 debit unearned consulting fees $12.000 and credit consulting fee receivable $12.000 no adjusting entry is required at December 31, 2031 related to this situation O none of the above.choices are correct Question 3 The desing entries mo by Ze Company lwys imore postin les expert vidends service revue O prepaidance @ uncome revoie O two of the above accounts would be deed in the closing entre three of the above accounts would be tied in the dig entries four of the above accounts would be debited the closing entries none of the above accounts would be debited the closing enties
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