Question: 7) Boggle Co. started the month with $5,100 in unearned revenue. During the month, Company Y completed $1,500 of services related to the unearned

7) Boggle Co. started the month with $5,100 in unearned revenue. During

7) Boggle Co. started the month with $5,100 in unearned revenue. During the month, Company Y completed $1,500 of services related to the unearned revenue. What is the necessary adjusting entry? Debit Credit If this adjustment is NOT made, the following are overstated, understated, or not impacted: Assets: Liabilities: Revenue: Expense: Stockholders' Equity:

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