Journal entry worksheet < 1 2 3 Record entry On December 1, 2024, Wolverine received $3,200 cash from a company that rents office space from Wolverine. The payment, representing rent for December and January, was credited to Deferred Revenue on December 1. Record the adjusting entry for deferred revenue at its year-end of December Note: Enter debits before credits. Date December 31 Deferred Revenue 4 5 General Journal Clear entry Debit Credit View general journal >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Journal entry worksheet
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1
2
3
Record entry
On December 1, 2024, Wolverine received $3,200 cash from a company that
rents office space from Wolverine. The payment, representing rent for
December and January, was credited to Deferred Revenue on December 1.
Record the adjusting entry for deferred revenue at its year-end of December
Note: Enter debits before credits.
Date
December 31 Deferred Revenue
4 5
General Journal
Clear entry
Debit
Credit
View general journal
Transcribed Image Text:es Journal entry worksheet < 1 2 3 Record entry On December 1, 2024, Wolverine received $3,200 cash from a company that rents office space from Wolverine. The payment, representing rent for December and January, was credited to Deferred Revenue on December 1. Record the adjusting entry for deferred revenue at its year-end of December Note: Enter debits before credits. Date December 31 Deferred Revenue 4 5 General Journal Clear entry Debit Credit View general journal
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