After running the unadjusted trial balance at the end of the year, you see that a customer paid you in advance for work you have not done yet, but you recorded the transaction as revenue when paid. In preparing your adjusting journal entry, you would debit the Select an answer Cash Service Revenue Unearned Revenue account and credit the Select an answer Cash Service Revenue Unearned Revenue account.

Box 1: Select the best answer

Box 2: Select the best answer