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What is the adjusting entry to accrued revenues earned

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Boat Yard inc. repairs, cleans, and stores boats for customers. They are preparing monthly financial statements for November 30, 2018 using accrual accounting. On November 30, the boat yard cleaned three boats but did not record the service fees of 33,300 and paid 2,400 cash for a radio ad to air in January 2019, the inventory count showed the usage of $18,900 in boat supplies, and wage expenses were $4,000.

Question 1: What is the adjusting entry to accrued revenues earned

Question 2: Prepare the income statement for boat yard inc. for the month ended November 30, 2018.

Reference no: EM132461369

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