What adjusting entry should tao make to account for work, Accounting Basics

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What adjusting entry should tao make to account for work

Tao Co. receives $10,000 cash in advance for 4 months of legal services on October 1, 2013, and records it by debiting Cash and crediting Unearned Revenue both for $10,000. It is now December 31, 2013, 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, 2013?

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Accounting Basics: What adjusting entry should tao make to account for work

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Recent Questions Asked Accounting Basics

Q : Net present value of refunding

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Accounting Basics: What adjusting entry should tao make to account for work

Reference No:- TGS041786

Recent Questions Asked Accounting Basics

Q : Net present value of refunding

Q : What will be the likely impact of the price ceiling

Q : Partnership adjusted basis problem

Q : Future value of single payment

Q : What adjusting entry should tao make to account for work

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