Solved: On december 31 we determined that 2000 of the 5000 had been, Accounting Basics

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On december 31 we determined that 2000 of the 5000 had been

Question - Our unearned revenue account had a credit balance of $5,000 before adjusting entries were recorded. On December 31, we determined that $2,000 of the $5,000 had been earned during the current year. What account and amount would we debit when we record this adjusting entry in the general journal?

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Accounting Basics: On december 31 we determined that 2000 of the 5000 had been

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