Jupiter Services sells a service plan for commercial computer maintenance.The price is $1,350 per year,paid in advance.On October 1,2015,the company sells a service plan to a new customer for cash,and the plan covers the period October 1,2015 to September 30,2016.Provide the journal entry to record the adjustment needed on December 31,2015.

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The Answer of Jupiter Services sells a service plan for commercial computer maintenance.The price is $1,350 per year,paid in advance.On October 1,2015,the company sells a service plan to a new customer for cash,and the plan covers the period October 1,2015 to September 30,2016.Provide the journal entry to record the adjustment needed on December 31,2015.

Jupiter Services Sells a Service Plan for Commercial Computer Maintenance