Record adjusting journal entries for each of the following for year ended December 31.

Assume no other adjusting entries are made during the year.

Unearned Services Revenue. The company charges $155 per insect treatment. A customer paid $620 on October 1 in advance for four treatments, which was recorded with a debit to Cash and a credit to Unearned Services Revenue. At year-end, the company has applied three treatments for the customer.

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To record the adjusting journal entry for the unearned services reve... View the full answer