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At the end of June, Gerber Dental had performed $9,000 of dental services but has not yet billed customers. Record the adjusting entry for accrued revenue.

S3-13 Seth's Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances.

Cash$?Equipment$11,000Land26,000Accounts Receivable4,950Utilities Payable150Office Supplies700Accounts Payable3,700Common Stock22,600Accumulated Depreciation-Equipment1,800Utilities Expense1,650Service Revenue75,000Unearned Revenue900Supplies Expense1,100Depreciation Expense-Equipment1,900Dividends14,000Salaries Expense5,600\begin{array}{lrclr} \text{Cash}&\text{\$\hspace{28pt}?}&&\text{Equipment}&\text{\$\hspace{5pt}11,000}\\ \text{Land}&\text{26,000}&&\text{Accounts Receivable}&\text{4,950}\\ \text{Utilities Payable}&\text{150}&&\text{Office Supplies}&\text{700}\\ \text{Accounts Payable}&\text{3,700}&&\text{Common Stock}&\text{22,600}\\ \text{Accumulated Depreciation-Equipment}&\text{1,800}&&\text{Utilities Expense}&\text{1,650}\\ \text{Service Revenue}&\text{75,000}&&\text{Unearned Revenue}&\text{900}\\ \text{Supplies Expense}&\text{1,100}&&\text{Depreciation Expense-Equipment}&\text{1,900}\\ \text{Dividends}&\text{14,000}&&\text{Salaries Expense}&\text{5,600}\\ \end{array}

Prepare the adjusted trial balance for Seth's Tax Services as of December 31, 2018.

Seth's Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances.

Cash$?Equipment$11,000Land26,000Accounts Receivable4,950Utilities Payable150Office Supplies700Accounts Payable3,700Common Stock22,600Accumulated Depreciation-Equipment1,800Utilities Expense1,650Service Revenue75,000Unearned Revenue900Supplies Expense1,100Depreciation Expense-Equipment1,900Dividends14,000Salaries Expense5,600\begin{array}{lrclr} \text{Cash}&\text{\$\hspace{28pt}?}&&\text{Equipment}&\text{\$\hspace{5pt}11,000}\\ \text{Land}&\text{26,000}&&\text{Accounts Receivable}&\text{4,950}\\ \text{Utilities Payable}&\text{150}&&\text{Office Supplies}&\text{700}\\ \text{Accounts Payable}&\text{3,700}&&\text{Common Stock}&\text{22,600}\\ \text{Accumulated Depreciation-Equipment}&\text{1,800}&&\text{Utilities Expense}&\text{1,650}\\ \text{Service Revenue}&\text{75,000}&&\text{Unearned Revenue}&\text{900}\\ \text{Supplies Expense}&\text{1,100}&&\text{Depreciation Expense-Equipment}&\text{1,900}\\ \text{Dividends}&\text{14,000}&&\text{Salaries Expense}&\text{5,600}\\ \end{array}

Prepare the adjusted trial balance for Seth's Tax Services as of December 31, 2018.

Question

At the end of June, Gallio Dental had performed $8,000 of dental services but has not yet billed customers.

Record the adjusting entry for accrued revenue.

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In this exercise we are tasked to make an adjusting entry involving accrued revenue.

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