Ask Question
17 July, 17:16

What type of adjustment is Completed services that were paid for six months earlier, $1,070? The Service Revenue unadjusted balance as of December 31 is $10,300. The Unearned Revenue balance as of December 31 is $11,600

+4
Answers (1)
  1. 17 July, 18:55
    0
    Unearned Revenue Balance $10530

    Service revenue Balance $11370

    Explanation:

    given data

    time = 6 month

    Completed services paid = $1,070

    Service Revenue unadjusted = $10,300

    Unearned Revenue balance = $11,600

    solution

    Unearned Revenue

    31-Dec $11,600

    31-Dec $1070

    Balance $11,600 - $1070

    Balance $10530

    and

    Service revenue

    31-Dec $10,300

    31-Dec $1070

    balance $10,300 + $1070

    Balance $11370
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What type of adjustment is Completed services that were paid for six months earlier, $1,070? The Service Revenue unadjusted balance as of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers