Should be unearned revenue or accounts payable? I think the next part is "cash collected for future services". Please help.

Homework: Week 3 Homework Assignment Save HW Score: 77.16%, 3.09 of 4 pts Score: 0.18 of 1 pt 4 of 4 (4 complete) %x P3-34A (similar to) Stewart Fishing Charters has collected the following data for the December 31 adjusting entries: i (Click the icon to view the data.) Question Help Read the requirements Requirement 1. Journalize the adjusting entries needed on December 31 for Stewart Fishing Charters. Assume Stewart records adjusting entries only at the end of the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. The company received its electric bill on December 20 for $230 but will not pay it until January 5. (Use the Utilities Payable account.) Date Accounts and Explanation | Debit Credit (a) Dec. 31 Utilities Expense 230 Utilities Payable 230 To accrue utilities expense. b. Stewart purchased a nine-month boat insurance policy on November 1 for $7,200. Stewart recorded a debit to Prepaid Insurance. Date Accounts and Explanation Credit Debit 1,600 (b) Dec. 31 Insurance Expense Prepaid Insurance 1,600 To record insurance expense. c. As of December 31, Stewart had earned $3,500 of charter revenue that has not been recorded or received. Date Accounts and Explanation Debit Credit (c) Dec. 31 3,500 Service Revenue 3,500 * Requirements 1. Journalize the adjusting entries needed on December 31 for Stewart Fishing Charters. Assume Stewart records adjusting entries only at the end of the year. 2. If Stewart had not recorded the adjusting entries, indicate which specific category of accounts on the financial statements would be misstated and if the misstatement is overstated or understated. Choose from any list or enter any number in the input fields and then click Ched 7 parts remaining Print Done