Transaction Entries and Adjusting Entries Beale Building Services offers janitorial services on both a contract basis and an hourly basis. On January 1, Beale collected $31,000 in advance on a six month contract for work to be performed evenly during the next six months. a. Provide the general journal entry on January 1 to record the receipt of $31,000 for contract work. b. Provide the adjusting entry to be made on January 31, for the contract work done during January At January 31, a total of 30 hours of hourly rate janitor work was unbilled. The billing rate is $35 per hour. Provide the adjusting entry needed on January 31. (Note: The firm uses the account Fees Receivable to reflect amounts due but not yet billed.) Round your answers to the nearest whole number. Date A Description to record 6 month contract b. pan 31 Tu reed jury service fees armed on contract F Check To and undated service fees at January 31. SaveAnswers Debit Credit Next O