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Prepare sandhills december adjusting entry

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Included in Sandhill's December 31 trial balance is unearned revenue of $14,800. Management reviewed the company's progress on the underlying contracts and determined that $5,800 of revenue should be recognized.

Question 1: Prepare Sandhill's December 31 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Reference no: EM132463527

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