Transaction Entries and Adjusting Entries Deluxe Building Services offers janitorial collected $21,200 in advance on a six-month contract for work to be performed evenl a. Provide the general journal entry on January 1 to record the receipt of $21,200 for b. Provide the adjusting entry to be made on January 31, for the contract work done d c. At January 31, a total of 25 hours of hourly rate janitor work was unbilled. The billing (Note: The firm uses the account Fees Receivable to reflect amounts due but not yet b Round your answers to the nearest whole number. $ Debit 21,200 $ 0 Credit 0 21,200 Date Description a. Jan. 1 Cash Unearned Service Revenue To record 6 month contract. b. Jan. 31 Unearned Service Revenue Service Fees Earned To record January service fees earned on contract. C. Jan. 31 Unearned Service Revenue Service Fees Earned To record unbilled service fees at January 31. 21,200 0 21,200 750 750 iransaction Entries and Adjusting Entries Deluxe Building Services offers janitorial services on both a contract basis and an hourly basis. On January 1, Deluxe collected $21.200 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 $21,200 for contract work. b. Provide the adjusting entry to be made on January 31, for the contract work done during January c. At January 31, a total of 25 hours of hourly rate janitor work was unbilled. The billing rate is $30 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 billede) Round your answers to the nearest whole number. $ Debit 21,200 S 0 Credit 0 21,200 Date Description a. jan. 1 Cash Unearned Service Revenue To record 6 month contract. b. Jan. 31 Unearned Service Revenue Service Fees Earned To record january service fees eam c. Jan. 31 Fees Receivable 3,533 0 3,533 750