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On November 4,2010,Blazek,Inc

Question 21

Multiple Choice

On November 4,2010,Blazek,Inc.received $24,000 in advance for work to be performed over the next several months.By December 31,2010,1/3 of the amount had been earned.The required adjusting entry would be:


A) On November 4,2010,Blazek,Inc.received $24,000 in advance for work to be performed over the next several months.By December 31,2010,1/3 of the amount had been earned.The required adjusting entry would be: A)     B)     C)     D) No adjusting entry is required
B) On November 4,2010,Blazek,Inc.received $24,000 in advance for work to be performed over the next several months.By December 31,2010,1/3 of the amount had been earned.The required adjusting entry would be: A)     B)     C)     D) No adjusting entry is required
C) On November 4,2010,Blazek,Inc.received $24,000 in advance for work to be performed over the next several months.By December 31,2010,1/3 of the amount had been earned.The required adjusting entry would be: A)     B)     C)     D) No adjusting entry is required
D) No adjusting entry is required

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