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Transaction Entries and Adjusting Entries Deluxe Building Services offers Janitorial services on both a contract bases and an hourly basis. On January 1, Deluxe collected
Transaction Entries and Adjusting Entries Deluxe Building Services offers Janitorial services on both a contract bases and an hourly basis. On January 1, Deluxe collected $20,200 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 520,200 for contract work b. Provide the adjusting entry to be made on January 31, for the contract work done during my A January 31, a total of 30 hours of hourly rate janitor work was onbilled the billing rate is $20 per hour provide the adjusting entry needed on January (Note: The firm uses the account Fees Receivable to reflect amounts debut oot yet bed Round your answers to the nearest whole number Date Description Debt CrdR 0 0 0 0 herred See to record om onto Den 1 Service Fees med 3 Turecord nedotcom can see Sesame . To read of 9 o 0
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