Question: 3rd question Answer this question by making tables like this as soon as possible. Exercise 3-6 Preparing adjusting entries (annual)-unearned revenue LO4 Splish Splash Art

Exercise 3-6 Preparing adjusting entries (annual)-unearned revenue LO4 Splish Splash Art is

a centre that offers children's music and dance lessons. Splish Splash prepares

annual financial statements and has a December 31, 2023, year-end. a. On

September 1, Splish Spash Art collects $15,300 cash for dance lessons running

from September 1, 2023 to December 31, 2023. b. On October 1,

Splish Splash Art collects $8,400 cash In advance from the Music Box

Inc. ($4,200 per month) to rent Its performance stage for the full

3rd question Answer this question by making tables like this as soon as possible.

Exercise 3-6 Preparing adjusting entries (annual)-unearned revenue LO4 Splish Splash Art is a centre that offers children's music and dance lessons. Splish Splash prepares annual financial statements and has a December 31, 2023, year-end. a. On September 1, Splish Spash Art collects $15,300 cash for dance lessons running from September 1, 2023 to December 31, 2023. b. On October 1, Splish Splash Art collects $8,400 cash In advance from the Music Box Inc. ($4,200 per month) to rent Its performance stage for the full month of December 2023 and January 2024. c. On October 1, 2023, Splish Splash Art collects $13,100 cash for four months of music lessons for a local private school. The lessons run from October 1, 2023 to January 31, 2024. Required: For the above transactions, record the Initial journal entry and the adjusting entry required on December 31, 2023. a.

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