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Uneamed Revenue Jennifer's Landscaping services signed a $2,040 per month contract on November 1 to provide plant watering services for Lolo te office buildings. Jennifer's

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Uneamed Revenue Jennifer's Landscaping services signed a $2,040 per month contract on November 1 to provide plant watering services for Lolo te office buildings. Jennifer's received a month service fees in advance on signing the contract. Required: 1. Prepare Jennifer's journal entry to record the cash receipt for the first 3 months Nov. 1 (Record receipt of payment for services not yet performed) 2. Prepare Jennifer adjusting entry at December 31. Dec. 31 88 (Record recognition of revenue) 3. Concepts Connection: How would the advance payment (accounts, and mount(s)) be reported in Jennifer's December 31, 2010, balance sheet? Uneared sales revenue in the amount of would appear among Jennifer's How would the advance payment (account(s) and amount(0)) be reported in to December 31, 2010, balance sheet? would appear among o's in the amount of

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