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Unearned Revenue Jennifer s Landscaping Services signed a $ 2 , 3 0 0 - per - month contract on November 1 to provide plant

Unearned Revenue
Jennifers Landscaping Services signed a $2,300-per-month contract on November 1 to provide plant-watering services for Lola Inc.s office buildings. Jennifers received 3 months service fees in advance on signing the contract.
1. Prepare Jennifers journal entry to record the cash receipt for
2. Prepare Jennifers adjusting entry at December 31.(Record recognition of revenue)
3. Conceptual Connection: How would the advance payment [account(s) and amount(s)] be reported in Jennifer's December 31,2019, balance sheet?
4. How would the advance payment [account(s) and amount(s)] be reported in Lola's December 31,2019, balance sheet?

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