Question: please help quickly with these accounting questions. will give thumbs up! Taylor Company received a $20,000 advance payment during the year on services to be

please help quickly with these accounting questions. will give thumbs up!  please help quickly with these accounting questions. will give thumbs up!
Taylor Company received a $20,000 advance payment during the year on services
to be performed. By the end of the year, 25% of the

Taylor Company received a $20,000 advance payment during the year on services to be performed. By the end of the year, 25% of the services had been performed. The adjusting entry to record the amount of service revenue earned during the accounting period is Select one: O a. Debit cash and credit service revenue for $20,000 b. Debit unearned revenue and credit service revenue for $15,000 c. Debit service revenue and credit unearned revenue for $15,000 O d. Debit unearned revenue and credit service revenue for $5,000 e. Debit service revenue and credit unearned revenue for $5,000 If an adjusting entry is not made at the end of accounting period to remove the earned revenue from the Unearned Revenue account, Select one: O a. stockholders equity would be overstated O b. liabilities would be overstated O c. liabilities would be understated d. assets would be understated e. There would be no effect on the balance sheet accounts O Which of the following pairs of accounts could not be included in the same adjusting entry? Select one: O a. rent expense and rent payable O b. unearned revenue and service revenue c. Interest expense and interest receivable d. wages expense and wages payable

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