Use this information to answer the following question. The trial balance for Nowwick Company appears as follows:
If services totaling $250 had been performed but not billed,
A)the adjusting entry would include a credit to Unearned Service Revenue for $250.
B)the adjusted balance in Accounts Receivable would be $1,250.
C)the adjusted balance of Service Revenue would be $750.
D)All of these choices.

Question

Use this information to answer the following question. The trial balance for Nowwick Company appears as follows:
 If services totaling $250 had been performed but not billed,
A)the adjusting entry would include a credit to Unearned Service Revenue for $250. 
B)the adjusted balance in Accounts Receivable would be $1,250. 
C)the adjusted balance of Service Revenue would be $750. 
D)All of these choices.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question. The trial balance for Nowwick Company appears as follows:
 If services totaling $250 had been performed but not billed,
A)the adjusting entry would include a credit to Unearned Service Revenue for $250. 
B)the adjusted balance in Accounts Receivable would be $1,250. 
C)the adjusted balance of Service Revenue would be $750. 
D)All of these choices.

Use This Information to Answer the Following Question