Question: problem 4-9B Refer to the data in Problem B on page 241 Required open ledger accounts for Accounts Receivable and Service Revenue. Insert their unad
problem 4-9B Refer to the data in Problem B on page 241 Required open ledger accounts for Accounts Receivable and Service Revenue. Insert their unad justed balances at December 31, 2014. 1. Journalize the adjusting entry c only and the resulting closing entry for Service Revenue at December 31, 2014. Include explanations. Post to the accounts. 3 on January 10, 2015, Super Media received a of $1 in invoice. Journalize this cash receipt, including an explanation, and post to the accounts. Show the balance in each account. Repeat Requirements 1 through 3 using a reversing entry. Compare the balances of Accounts Receivable and Service Revenue computed by using a reversing entry with those balances computed without using a reversing entry (as they appear in answer to Requirement 3)
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