The trial balance for Greenway Corporation appears as follows: If service for $125 had been performed but not billed, the adjusting entry to record this would include a:
A) debit to Service Revenue for $125.
B) credit to Unearned Service Revenue for $125.
C) credit for Service Revenue for $125.
D) debit to Unearned Revenue for $125.

Question

The trial balance for Greenway Corporation appears as follows:  If service for $125 had been performed but not billed, the adjusting entry to record this would include a:
A) debit to Service Revenue for $125. 
B) credit to Unearned Service Revenue for $125. 
C) credit for Service Revenue for $125. 
D) debit to Unearned Revenue for $125.

Quizplus · Accepted Answer

The Answer of The trial balance for Greenway Corporation appears as follows:  If service for $125 had been performed but not billed, the adjusting entry to record this would include a:
A) debit to Service Revenue for $125. 
B) credit to Unearned Service Revenue for $125. 
C) credit for Service Revenue for $125. 
D) debit to Unearned Revenue for $125.

The Trial Balance for Greenway Corporation Appears as Follows