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irinina [24]
3 years ago
10

Sharon would make an adjustment entry to __________ to record the $500 her company received from a customer to perform future se

rvices. Suppose that before the adjusting entry, the balance in this account was $2,725. After the adjusting entry, the ending balance will be __________.
Business
1 answer:
makkiz [27]3 years ago
5 0

Answer:

the ending balance of the unearned revenue is $3,225

Explanation:

The computation of the ending balance is shown below:

= Amount received from the customer for performing the future service + balance in the account

= $500 + $2,725

= $3,225

Therefore the ending balance of the unearned revenue is $3,225

The above formula should be applied

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