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gOOvER gOOvER
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On December 21, 2014, Mr. Bagger received and deposited $790 from a customer, Mrs. McCartney, who paid in advance of the work. He recorded the receipt by crediting a revenue account, Computer Service Fees Earned. As of December 31, none of the work had been completed. What, if any, is the required adjusting journal entry on December 31?
A) No entry is required
B)
Dr. Unearned Computer Service Fees   790   
       Cr. Computer Service Fees Earned      790

C)
Dr. Computer Service Fees Earned   790   
       Cr. Accounts Receivable      790

D)
Dr. Computer Service Fees Earned   790   
      Cr. Unearned Computer Service Fees      790
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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HanoiHanoi
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gOOvER Author
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Your help has been outstanding, keep it up!
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