The trial balance for Greenway Corporation appeal Cash Greenway Corporation Trial Balance December 31, 2022 Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense $300 522 82 180 4000 1000 500 $6584 5600 O debit to Unearned Revenue for $175. O debit to Service Revenue for $175. O credit to Unearned Service Revenue for $175. O credit to Service Revenue for $175 384 1200 1400 3000 $6584 if service for $175 had been performed but not billed, the adjusting entry to record this would include a Attempts: 0 of 1 used

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The trial balance for Greenway Corporation appears as follows:
Cash
Greenway Corporation
Trial Balance
December 31, 2022
Accounts Receivable
Prepaid Insurance
Supplies
Equipment
Accumulated Depreciation, Equipment
Accounts Payable
Common Stock
Retained Earnings
Service Revenue
Salaries and Wages Expense
Rent Expense
Save foc Later
$300
522
82
180
4000
1000
500
$6584
O debit to Unearned Revenue for $175.
O debit to Service Revenue for $175
O credit to Unearned Service Revenue for $175.
O credit to Service Revenue for $175
$600
384
1200
1400
3000
If service for $175 had been performed but not billed, the adjusting entry to record this would include a
$6584
Attempts: 0 of 1 used
Transcribed Image Text:The trial balance for Greenway Corporation appears as follows: Cash Greenway Corporation Trial Balance December 31, 2022 Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense Save foc Later $300 522 82 180 4000 1000 500 $6584 O debit to Unearned Revenue for $175. O debit to Service Revenue for $175 O credit to Unearned Service Revenue for $175. O credit to Service Revenue for $175 $600 384 1200 1400 3000 If service for $175 had been performed but not billed, the adjusting entry to record this would include a $6584 Attempts: 0 of 1 used
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