Accounting Cycle: Adjusting Entries - Deferrals

[@kanyshai5880]

After watching many professors on youtube… you're the only one I understand 100%... You have a Great talent to teach. Thank you very much. Life saver

[@carolinapadful]

Thank you so much for this! I really appreciate you walking though this step by step. It really cleared up a lot of confusion for me!

[@siahofa7442]

Thank you Sir, now I completely understood how to go about doing this... I really appreciate it...Anyways I think there is an error in the amount for Service Revenue (last part)...in the ledger it says $104 000 but in the statement it says $106 000...Thank you