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Required information [The following information applies to the questions displayed below.) Costanza Company experienced the following events and transactions in July. July 1 Received

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Required information [The following information applies to the questions displayed below.) Costanza Company experienced the following events and transactions in July. July 1 Received $2,700 cash in advance of performing work for Vivian Solana. July 6 Received $7,800 cash in advance of performing work for Iris Haru. July 12 Completed the job for Solana. July 18 Received $8,700 cash in advance of performing work for Amina Jordan. July 27 Completed the job for Haru. July 31 None of the work for Jordan has been performed. b. Prepare journal entries (including any adjusting entries as of the July 31 month-end) to record these events using the alternative procedure of initially crediting the Services Revenue account when payment is received from a customer in advance of performing services. Note: If no entry is required for a transaction or event, select "No journal entry required" in the first account field.

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