PART C Journal Entries-Larry\'s Landscaping Larry\'s Landscaping, Inc. opened fo
ID: 2519499 • Letter: P
Question
PART C Journal Entries-Larry's Landscaping Larry's Landscaping, Inc. opened for business earler this year. Prepare the selected transaction journal entries tiL) along with their related adjusting journal entries (AJE) below for Larry's Landscaping, Larry uses the same the same Chart of Accounts as that for Bushra's listed in the previous problem. 019 Complete Transaction Journal Entry (TJE) 11 in the space provided below for HHS Q20 Complete Adjusting Journal Entry (AE) #1 in the space provided below for HHS Larry's Landscaping, Inc. GENERAL JOURNAL Debit Credit Date TIE #1 Larry was paid $900 cash in advance for Fall services to be performed Sep 1 As of the end of the month S300 of Fall services were performed. Prepare the month-end adjusting journal entry AJE #1 Sep 30 Atmonthend, as a result of TE #1 and AE #1 Larry's wil report Q21 On the income statement Account Title- 022 On the balance sheet Unearned Service Revenue ofExplanation / Answer
Journal entry :
on the income statement service revenue $300
On the balance sheet Unearned service revenue $600
Date General journal Debit credit Sep 1 Cash 900 Unearned service revenue 900 (To record Unearned service revenue) Sep 30 Unearned service revenue 300 Service revenue 300 (To record adjusting entry)Related Questions
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