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So I'm having a difficult time understanding this question. I've done question 6/7 already buy cant pass this one because no examples are in the

So I'm having a difficult time understanding this question. I've done question 6/7 already buy cant pass this one because no examples are in the book, and now I'm not sure I'm doing it right. Please explain how to record the entries into trial format. Below I've showed you what exactly I'm working on. I dont know which is considered unearned revenue or service revenue, whether am I subtracting the differences or adding. Ive already started but answer if I started correctly, THanks

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At the beginning oi the year, Spruce Advertising owed customers $2,300 for unearned revenue collected in advance During the year, Snmce received advance cash receipts of $6,?00 and earned $10,000 at service revenue [exclusive of any amount earned 'orn advance payments). At year-end. the liability for unearned revenue is $4200 and unadjusted service revenue is $10000. Read the muirements. Requirement 1. Record the adjusting entry assuming that Spruce records the cash receipt of uneamed revenue by initially crediting a liabiiity account. Post the adjusting entry to the Unearned Revenue and Service Revenue T-aceounts. Make sure to include the beginning balance and additional unearned revenue in the Uneamed Revenue T-account. Begin by recording the adjusting entry assuming that Spruce records Uneamed revenue by initially crediting a Date Accounts and Explanation Debit Credit iabili'ty account. (Record debits rst. then credits. Seiect the explanation on the last iine of thejoumal entry.) Uneamed Revenue 4200 Service Revenue 4200 To record win/ice revenue that was cot'ected in advance. Post the adjusting entry to the Uneamed Revenue and Service Revenue Taccounts. Make sure to inciude the beginning balance and additional unearned revenue in the Uneamed Revenue T-account. (Use an "Unadj. bal." reference to show the balance of each account prior to any adjustments or cash receipts, Use a "Etal " posting reference to show the ending balance of each accuunt) Unearned Revenue i H i ii 6700iillnadi hal :noose from any list or enter any number in the input elds and then continue to the next question. 7 At the beginning at the year, Spruce Advertising awed customers $2,300 for unearned revenue collected in advance. During the year, Spruce received adva nee cash receipts of $6100 and earned $10,000 of service revenue [exclusive ufany amount earned frrun advance payments], At yeareend, the liability for Uneamed revenue is $4,200 and unadjusted service revenue is 510000 Read the muirements. Post the adjusting entry to the Uneamed Revenue and Service Revenue Traccounts, Make sure tn inciude the beginning balance and additional unearned revenue in the Uneamed Revenue Teaccnunt (Use an "Unadj bal " reference to show the baiance of each account prior to any adjustments or cash receipts, Use 3 "Eat " posting reference to show the ending balance of each account ) Uneamed Reve nue 6T00 Unadj bal 4200 Bal. Service Revenue 10000 Unadj bal 10000 Bal. Requirement 2. Record the adjusting entry assuming that Spruce recnrcb the cash receipt [If unearned revenue by initially crediting a revenue accuunl, Post the adjusting entry tn the Uneamed Revenue and Service Revenue T-acoounts. Make sure to include the beginning balance in the Uneamed Revenue Taceount and the additional unearned revenue in the Service Revenue Tacoount. Choose from any list or enter any number in the input elds and then continue to the next question At the beginning oi the year, Spruce Advertising owed customers $2,300 for unearned revenue collected in advance. During the year, Spruce received advance cash receipts of $6100 and earned $10,000 of service revenue {exclusive otany amount earned from advance payments]. At year-end. the liability tor unearned revenue is $4.200 and unadjusted service revenue is 510.000 Read the muirements. Requirement 2. Record the adjusting entry assuming that Spruce records the cash receipt of unearned revenue by initially crediting a revenue account. Post the adjusting entry to the Unearned Revenue and Service Revenue Taccounts. Make sure to include the beginning balance in the Uneamed Revenue Taccourrl and the additional unearned revenue in the Service Revenue Taccourrt. Begin by recording the adjusting entry assuming that Spruce records uneamed revenue by initially crediting a revenue account. (Record debits rst. then credits. Seiect the explanation on the last line of thejoun'ial entry.) Date Accounts and Explanation Debit Credit Service Revenue Uneamed Revenue Post the adjusting entry to the Uneamed Revenue and Service Revenue T-accounts. Make sure to inciude the beginning balance in the Uneamed Revenue T-account and the additional unearned revenue in the Service Revenue T-account. (Use an "Unadj bai \" reterence to show the balance ofeach account prior to any adjustments or cash receipts. Use a "Elal." posting reference to showthe ending balance oi each account.) Uneamed Revenue Choose from any list or enter any number in the input elds and then continue to the next question Y At the beginning at the year, Spruce Advertising awed customers $2,300 for unearned revenue collected in advance. During the year, Spruce received adva nee cash receipts of $6100 and earned $10,000 of service revenue {exclusive ofany amount earned from advance payments). At year-end. the liability for unearned revenue is $4200 and unadjusted service revenue is $1 [1000 Read the muirements, Post the adjusting entry to the Unearned Revenue and Service Revenue Taccounh. Make sure to inciude the beginning balance in the Unearned Revenue Taccount and the additional unearned revenue in the Service Revenue Taccourrt, (Use an "Linadi bai \" reierence tr: show the balance ufeach accuunt prior In any adjustments or cash receipts Lise a "Elal " posting reference tu shuwlhe ending balance at each account) Unearned Raven ue Service Revenue Requirement 3. Compare the ending balances of the Traccnunts under both approaches, Are they the same? The ending balances in the Unearned Revenue account and the Service Revenue account are V Y which of the two approaches is used. Choose from any list or enter any number in the input elds and then continue to the next

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