Problem on unearned consulting revenue fees


On November 1, 2009, Stockton Co. receives $3,600 cash from Hans Co. for consulting services to be provided evenly over the period of November 1, 2009 to April 30, 2010-at which time Stockton credited $3,600 to Unearned Consulting Revenue Fees. The adjusting entry on December 31, 2009 (Stockton's year-end) would include a:

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Accounting Basics: Problem on unearned consulting revenue fees
Reference No:- TGS064491

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