The writer is very fast, professional and responded to the review request fast also. Thank you.
Thompson Company has employed a bookkeeper who is inexperienced. On December 26, after reviewing the records for the year, you discover the following error.
On September 1, Thompson Company received $510 for services to be performed in the future. The bookkeeper recorded this by debiting Cash for $150 and crediting Service Revenue for $150.
Note: Assume that it is the company’s policy to record the receipt of revenue in advance of earning it in the Unearned Revenue account.
Required:
Make a correcting entry on December 26. Make sure to enter the day for each separate transaction.
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more