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Talk:Adjusting entries

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WikiProject Business / Accountancy  (Rated Start-Class)
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[edit] Question

Essex Enterprises records $8,000 of service revenue being received in advance and $4,500 of service revenue being accrued. The effect of these entries on total service revenue recognised for the year is: A:a decrease of $12,500 B:an increase of $12,500 C:an increase of $3,500 D:a decrease of $3,500

E:do your homework yourself. Renata (talk) 17:16, 15 August 2008 (UTC)
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