Journalize the entry on november

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Question - On November ?1, 2024?, Great View Landscaping collected $7,500 in advance from customers for landscaping services. The service revenue will be earned monthly over the 5?-month period ending March 31?, 2025.

Requirements -

1. Journalize the entry on November 1 by using the alternative treatment of deferred revenues.

2. Record the December 31?, 2024 adjusting entry.

Reference no: EM132977855

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