Question: Zieborg Maintenance Corp. has a $375 monthly contract with Crispy Treat Inc. for general maintenance services. Zieborg invoices Crispy on the first of the month

Zieborg Maintenance Corp. has a $375 monthly contract with Crispy Treat Inc. for general maintenance services. Zieborg invoices Crispy on the first of the month for services that it provided in the previous month. Crispy must then pay for these services by the 10th of the following month. Zieborg has a November 30 year end and prepares adjusting entries monthly.

(a) Prepare any adjusting entry required on November 30 by Zieborg.

(b) Given your entry in (a), will Zieborg also need to record a journal entry on December 1 when it invoices Crispy for services provided in November? Why or why not?

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