Prepare the T-accounts for each account

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Question - At December 31, the unadjusted trial balance of H&R Tacks reports Unearned Revenue of $5,800 and Service Revenues of $34,600. One-half of the unearned revenue has been earned as of December 31.

1. Prepare the adjusting journal entry on December 31.

2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance.

Reference no: EM132106167

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Make the adjusting journal entry on December : Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance

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