Question: 22 Journal entry worksheet Record the adjusting entry for the rental on December 31 . Suppose a customer rents a vehicle for three months from

22  22 Journal entry worksheet Record the adjusting entry for the rental
on December 31 . Suppose a customer rents a vehicle for three
months from Spicers Rental on November 1, paying $4,500($1,500/month). Required: 1.82. Record

Journal entry worksheet Record the adjusting entry for the rental on December 31 . Suppose a customer rents a vehicle for three months from Spicers Rental on November 1, paying $4,500($1,500/month). Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Deferred Revenue and Service Revenue (assuming the balance of Deferred Revenue at the beginning of the year is \$0). Complete this question by entering your answers in the tabs below. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account field.) Journal Entry Required" in the first account field.) Journal entry worksheet Record the rental of a vehicle to a customer for three months, receiving cash of $4,500($1,500/ month ) on November 1 . Note: Enter debits before credis. Suppose a customer rents a vehicle for three months from Spicers Rental on November 1, paying $4,500 ( $1,500/ month). Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Deferred Revenue and Service Revenue (assuming the balance of Deferred Revenue at the beginning of the year is \$O). Complete this question by entering your answers in the tabs below. Calculate the year-end adjusted balances of Deferred Revenue and Service Revenue (assuming the balance of Deferred Revenue at the beginning of the year is $0 )

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