Question: please make it correct Fly By Nite Painters Ltd. typically receives a deposit of $270 in advance from their customers prior to performing any painting/renovation

Fly By Nite Painters Ltd. typically receives a deposit of $270 in advance from their customers prior to performing any painting/renovation type work. Throughout the year they received a total of $27,000 in customer deposits, three quarters of which they had earned by the end of the calendar year. Additionally a customer paid the company a $400 deposit on the last day of the fiscal year for interior painting and Qther work to be done during the first week of the new year. Record the necessary adjusting journal entry to record the amount of unearned revenue that was earned during the year and a journal entry for the deposit received by the company on the last day of their fiscal year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter ofor the amounts.) the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.)
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