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Question: d. ?During December, Ingrid Legal Services provided legal services, and the client prepaid $7,000. ?Ingrid Legal Services recorded this amount as Unearned Revenue. The

Question: d. ?During December, Ingrid Legal Services provided legal services, and the client prepaid $7,000. ?Ingrid Legal Services recorded this amount as Unearned Revenue. The job will take several months to complete, and Ingrid Legal Services estimates that the company has earned 40% ?of the total revenue during the current year. Journalize the subsequent journal entry that Ingrid Legal Services will record when the job is complete.

d. During December, Ingrid Legal Services provided legal services, and the client prepaid $7,000. Ingrid Legal Services recorded this amount as Unearned Revenue. The job will take several months to complete, and Ingrid Legal Services estimates that the company has earned 40% of the total revenue during the current year. Journalize the subsequent journal entry that Ingrid Legal Services will record when the job is complete Date Accounts and Explanation Salaries Payable Debit Credit

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