Question: d. During December, Laughter designed a landscape plan and the client prepaid $6,500. Laughter recorded this amount as Uneamed Revenue. The job will take several
d. During December, Laughter designed a landscape plan and the client prepaid $6,500. Laughter recorded this amount as Uneamed Revenue. The job will take several months to complete and Laughter estimates that the company has earned 40 percent of the total revenue during the current year. Joumalize the subsequent journal entry that Laughter will record when the job is complete Accounts and Explanation Debit Credit Choose from Collected for tre services To accrue Service revenue 1 Amani To record service revenue that was collected in advance Check
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