Business
Business, 21.06.2020 01:57, okitsfrizz2370

a. Tao Co. receives $10,000 cash in advance for four months of evenly planned legal services beginning on October 1. Tao records it by debiting Cash and crediting Unearned Revenue both for $10,000. It is now December 31, and Tao has provided legal services as planned. What adjusting entry should Tao make to account for the work performed from October 1 through December 31

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a. Tao Co. receives $10,000 cash in advance for four months of evenly planned legal services beginni...

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