Ch 3: Assignment 8 Saved Help Save & Exit Submit Check my work 4 points Hint Port References QS 3-15 (Algo) Accrued revenues adjustments LO P4 Record adjusting journal entries for each separate case below for year ended December 31. Assume no other adjusting entries are made during the year. a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $21,500 for a client, but the client has not yet been billed for those services. b. Interest Receivable. At year-end, the company has earned, but not yet recorded, $490 of interest earned from its investments in government bonds. c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete. The customer has not yet been billed for the $1,500 of work. View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 a Accounts receivable 21,500 Service revenue 21,500 2 b. Interest receivable 3 c. Accounts receivable 490 490 1,500 4 points OC Check my work a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $21,500 for a client, but the client has not yet been billed for those services b. Interest Receivable. At year-end, the company has earned, but not yet recorded, $490 of interest earned from its investments in government bonds. c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete. The customer has not yet been billed for the $1,500 of work eBook Hm View transaction list View journal entry worksheet Print No Transaction General Journal Debit Credit References 1 Accounts receivable 21.500 Service revenue 21.500 2 b Interest receivable 3 a Accounts receivable Interest payable 490 490 1.500 1,500