Homework Answers
(a)
| Date | Accounts | Debit | Credit |
| 2018 | Accounts receivable | $15,000 | |
| Service revenue | $15,000 | ||
| ( To record service revenue) |
| Date | Accounts | Debit | Credit |
| 2018 | Cash | $14,000 | |
| Accounts receivable | $14,000 | ||
| ( To record cash received from customers) |
(b)
| Date | Accounts | Debit | Credit |
| 2018 | Cash | $5,500 | |
| Unearned revenue | $5,500 | ||
| ( To record unearned revenue) |
| Date | Accounts | Debit | Credit |
| 2018 | Unearned revenue | $1,500 | |
| Service revenue | $1,500 | ||
| ( To record unearned revenue earned) |
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you!
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