Mary Richardo has performed $460 of CPA services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must Mary make? O Debit Accounts Receivable and credit Service Revenue O Debit Unearned Service Revenue and credit Service Revenue O Debit Cash and credit Unearned Service Revenue O Debit Accounts Receivable and credit Unearned Service Revenue

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Mary Richardo has performed $460 of CPA services for a client but has not billed the client as of the end of the accounting period.
What adjusting entry must Mary make?
O Debit Accounts Receivable and credit Service Revenue
O Debit Unearned Service Revenue and credit Service Revenue
O Debit Cash and credit Unearned Service Revenue
O Debit Accounts Receivable and credit Unearned Service Revenue
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Transcribed Image Text:Current Attempt in Progress Mary Richardo has performed $460 of CPA services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must Mary make? O Debit Accounts Receivable and credit Service Revenue O Debit Unearned Service Revenue and credit Service Revenue O Debit Cash and credit Unearned Service Revenue O Debit Accounts Receivable and credit Unearned Service Revenue Save for Later Attempts: 0 of 1 used Submit Answer
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