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work Saved Help a. Unearned Rent Revenue. The Krug Company collected $8,400 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue.
work Saved Help a. Unearned Rent Revenue. The Krug Company collected $8,400 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 1 b. Unearned Services Revenue. The company charges $95 per insect treatment. A customer paid $380 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 $28,800 cash for six months of rent in advance (the client leased a building and took Occupancy Immediately). The company recorded the cash as Unearned Rent Revenue. View transaction list Journal entry worksheet The Krug Company collected $8,400 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 1. Note Enter debits before credits Debit General Journal Transaction Credit View transaction list Journal entry worksheet SEP . vele. Ull September 1, a client paid the company $28,800 cash for six months of rer leased a building and took occupancy Immediately). The company recorded the cash as Unearned Rent View transaction list ces Journal entry worksheet 2 On September 1, a client paid the company $28,800 cash for six months of rent in advance (the client leased a building and took occupancy immediately). The company recorded the cash as Unearned Rent Revenue. Note: Enter debits before credits. Transaction General Journal Debit Credit
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