Question
Soothing Hands massage redeemed $300 of gift cards that customers used to pay for services that were performed by the company. The related adjusting entry
Soothing Hands massage redeemed $300 of gift cards that customers used to pay for services that were performed by the company. The related adjusting entry would include a debit to:
Unearned Revenue and a credit to Service Revenue.
Cash and a credit to Service Revenue.
Accounts Receivable and a credit to Service Revenue.
Cash and a credit to Unearned Revenue.
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Introduction To Financial Accounting
Authors: Charles T Horngren, John A Elliott
9th Edition
0131479725, 978-0131479722
