Business, 08.07.2019 11:00, aubreyfoster

On january 1, the biddle & biddle, cpas received a $7,500 cash retainer for accounting services to be provided ratably over the next 3 months. the full amount was credited to the liability account unearned service revenue. assuming that the revenue is recognized ratably over the 3 month period, what adjusting journal entry should be made at january 31

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On january 1, the biddle & biddle, cpas received a $7,500 cash retainer for accounting services...