Question: please solve this problem asap The following question relate to the Trial Balance excerpt shown below: Trial Balance as at March 31, XXXX, Debit Credit
The following question relate to the Trial Balance excerpt shown below: Trial Balance as at March 31, XXXX, Debit Credit Prepaid Insurance 1,200 Supplies 2,800 Unearned Revenue 9,300 Prepare the adjusting journal entry if one third of services related to unearned revenue was performed during the month of March. Debit Unearned Account $3,100 Credit Account $3,100 (To record revenue for services performed le. 1/3 of $9,300 - $3,100)
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