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Early in the Accounting Period, Ms

Question 15

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Early in the accounting period, Ms. Client paid $3,000 for services in advance of receiving them; Cash was debited and Unearned Service Fees was credited for $3,000. At the end of the accounting period, two-thirds of the services paid for had yet to be performed.
The proper adjusting entry is:


A) Early in the accounting period, Ms. Client paid $3,000 for services in advance of receiving them; Cash was debited and Unearned Service Fees was credited for $3,000. At the end of the accounting period, two-thirds of the services paid for had yet to be performed. The proper adjusting entry is: A) B) C) D)
B) Early in the accounting period, Ms. Client paid $3,000 for services in advance of receiving them; Cash was debited and Unearned Service Fees was credited for $3,000. At the end of the accounting period, two-thirds of the services paid for had yet to be performed. The proper adjusting entry is: A) B) C) D)
C) Early in the accounting period, Ms. Client paid $3,000 for services in advance of receiving them; Cash was debited and Unearned Service Fees was credited for $3,000. At the end of the accounting period, two-thirds of the services paid for had yet to be performed. The proper adjusting entry is: A) B) C) D)
D) Early in the accounting period, Ms. Client paid $3,000 for services in advance of receiving them; Cash was debited and Unearned Service Fees was credited for $3,000. At the end of the accounting period, two-thirds of the services paid for had yet to be performed. The proper adjusting entry is: A) B) C) D)

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