Adoption Associates accrued $ 6,000 of Service Revenue at December

Adoption Associates accrued $ 6,000 of Service Revenue at December 31. Adoption Associates received $ 10,500 on January 15, including the accrued revenue recorded on December 31.


Requirements

1. Record the adjusting journal entry to accrue Service Revenue.

2. Record the reversing entry.

3. Journalize the cash receipt.