newconnecteducation.com Principles of Accounting and Economic Renaissance 42 Connect Assignment Week 4 38&a Unearned anteve ect Assignment Week 4 Ch 3 & 4 a 6 Record adjusting journal entries for each of the following for year ended December 31 Assume no other adjusting entries are made during the year a. Unearned Rent Revenue. The Krug Company collected $12.600 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months' rent in advance and occupancy began November b. Unearned Services Revenue. The company changes $130 per month to spray a house for insects. A customer paid $520 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue. At year-end, the company has applied three treatments for the customer. c. Unearned Rent Revenue. On September 1, a client paid the company $37,200 cash for six months of rent in advance the client leased a building and took occupancy Immediately. The company recorded the cash as Uneamed Rent Revenue View transaction list Journal entry worksheet The Krug Company collected $12,600 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying one year's rent in advance and occupancy began November 1. Note: Enter dette before credits