Record the appropriate journal entry to reflect the following: Unearned revenue,

Question

Record the appropriate journal entry to reflect the following: Unearned revenue, customer deposits still unearned at December 31. $3,125. Veggies-R-Us. Trial Balance December 31,20xX P1dit Dehit $26,750 47,630 250 1,680 8,700 113,520 15,350 Cash Accounts receivable lowance for doubtful accounts Prepaid rent Supplies Investments Furniture cumulated depreciation 12,300 Ac furniture Equipment Accumulated depreciation- equipment Building Accumulated depreciation- building Accounts payable Salary payable Unearned revenue, customer deposits 44,600 1,830 89,900 28,600 6,240 25,500 Bonds payable 150,000 6,000 Premium of bonds payable Common stock Retained earnings Dividend:s Revenue 20,000 54,920 5,250 132,400 1 /2

Explanation / Answer

Date General Journal Debit Credit Dec. 31, 20XX Unearned revenue, customer deposits 22375 Revenue ($25500 - $3125) 22375 (To record revenue earned)

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