Homework Answers
Service revenue for 6 months = $2,400
Service revenue for 1 month = 2,400 x 1/6
= $400
On August 1, unearned service revenue would have been credited by $2,400. On September 1, the following journal entry will be made :
| Date | General Journal | Debit | Credit |
| September 1 | Unearned service revenue | $400 | |
| Service revenue | $400 | ||
| ( To record service revenue earned) |
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