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question hudson law corporation received 5 500 cash for legal services to be rendere 4284118

Question

Hudson Law Corporation received $5,500 cash for legal services to be rendered in the future. The full amount was credited to the liability account Unearned Service Revenue. At the end of the period, Hudson determines that $3,000 of the legal services have been rendered. The appropriate adjusting journal entry to be made at the end of the period is:

(A)debit Unearned Service Revenue, $3,000; credit Cash, $3,000.

(B)debit Unearned Service Revenue, $3,000; credit Service Revenue, $3,000.

(C)debit Unearned Service Revenue, $2,500; credit Service Revenue, $2,500.

(D)debit Service Revenue, $2,500; credit Unearned Service Revenue, $2,500.

 

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