Indicate which journal entry must be recorded for the following economic event on the exact day of the event: January 30th. Received a deposit of $800 for servicing a mid-afternoon get together on February 29th. The group wanted to reserve the date to do something special in her house as it only happens once every 4 years. Multiple Choice O Dr Cash $800 Cr Revenue $800 Dr Account Receivable $800 Cr Unearned Revenue None of the other alternatives are correct No journal entry
Indicate which journal entry must be recorded for the following economic event on the exact day of the event: January 30th. Received a deposit of $800 for servicing a mid-afternoon get together on February 29th. The group wanted to reserve the date to do something special in her house as it only happens once every 4 years. Multiple Choice O Dr Cash $800 Cr Revenue $800 Dr Account Receivable $800 Cr Unearned Revenue None of the other alternatives are correct No journal entry
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section: Chapter Questions
Problem 1AP
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![Indicate which journal entry must be recorded for the following economic event on the exact day of the event: January 30th. Received a deposit of $800 for
servicing a mid-afternoon get together on February 29th. The group wanted to reserve the date to do something special in her house as it only happens once every
4 years.
Multiple Choice
Dr Cash $800 Cr Revenue $800
Dr Account Receivable $800 Cr Unearned Revenue
None of the other alternatives are correct
No journal entry](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5bb8c63-191e-478e-b394-be0a3eccb940%2Ffd769e6f-105c-4ef0-9989-084930b3c9d4%2Fl8jha0o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Indicate which journal entry must be recorded for the following economic event on the exact day of the event: January 30th. Received a deposit of $800 for
servicing a mid-afternoon get together on February 29th. The group wanted to reserve the date to do something special in her house as it only happens once every
4 years.
Multiple Choice
Dr Cash $800 Cr Revenue $800
Dr Account Receivable $800 Cr Unearned Revenue
None of the other alternatives are correct
No journal entry
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