On January 1 Hall & Oates CPAs received a $17400 cash retainer for accounting services to be rendered ratably over the next 3 months. The full amount was credited to the liability account Unearned Service Revenue. Assuming that the revenue is recognized equally over the 3-month period what adjusting journal entry should be made at January 31?

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The Answer of On January 1 Hall & Oates CPAs received a $17400 cash retainer for accounting services to be rendered ratably over the next 3 months. The full amount was credited to the liability account Unearned Service Revenue. Assuming that the revenue is recognized equally over the 3-month period what adjusting journal entry should be made at January 31?

On January 1 Hall & Oates CPAs Received a $17400