Marvins tax service had earned--but not yet recorded--the, Ask an Expert

Accounting

Marvin's Tax Service had earned--but not yet recorded--the following client service revenue at the end of the current accounting period:

Accounting Number Billable Hours Hourly Billing Rate
Account # 4067 10 $85
Account # 3940 14 $75
Account # 1852 16 $90

Prepare the necessary adjusting entry to record Marvin's unbilled client service revenue.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M951853

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