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Problem #8 April 1, Guthrie Company received $190,000 cash in advance for four months of...

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Accounting

Problem #8 April 1, Guthrie Company received $190,000 cash in advance for four months of accounting services. Today is May 31, and services have been provided for April & May. Assuming that no adjustments have been made to the unearned revenue account. Prepare one adjusting journal entry for the period April 1 through May 31. Date Date Accounts Accounts Debit Debit Credit Credit
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Problem \#8 April 1, Guthrie Company received $190,000 cash in advance for four months of accounting services. Today is May 31 , and services have been provided for April \& May. Assuming that no adjustments have been made to the unearned revenue account. Prepare one adjusting journal entry for the period April 1 through May 31

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