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select the adjusting entry Green should make prior to preparing financial statements on May 31, 2009. Prior to this May 31, 2009 adjusting entry, Green has made only two entries in their accounting system related to this advance payment – the April 1, 2

05 / 03 / 2018 Assignment

This paper circulates around the core theme of select the adjusting entry Green should make prior to preparing financial statements on May 31, 2009. Prior to this May 31, 2009 adjusting entry, Green has made only two entries in their accounting system related to this advance payment – the April 1, 2 together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 45. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

select the adjusting entry Green should make prior to preparing financial statements on May 31, 2009. Prior to this May 31, 2009 adjusting entry, Green has made only two entries in their accounting system related to this advance payment – the April 1, 2009 entry to record the receipt of the $60,000 cash and the April 30, 2009 adjusting entry.

Account Name

Debit

Credit

A.

Unearned Service Revenue

36,000



Service Revenue


36,000

B.

Service Revenue

36,000



Unearned Service Revenue


36,000

C.

Service Revenue

12,000


Unearned Service Revenue


12,000

D.

Unearned Service Revenue

12,000



Service Revenue


12,000

E. None of the above


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