Question

Brookings Brothers supplies management consulting services and bills large firms $100,000 prior to a consulting engagement for

Answer 1

The entry that accurately reflect the posting required is "Debit cash $100,000 and credit unearned service revenue by $100,000".

• It should be noted that when a business receiving cash in advance, thus will lead to an increase in the cash account.

• In such case, the unearned service revenue account will be credited while cash will be debited.

In conclusion, the correct option is C.

Read related link on:

brainly.com/question/12231343

Answer 2

Answer:debit cash $100,000 and credit unearned service revenue $100,000

Explanation:

Receiving cash in advance of services will increase the cash account (debit) and the unearned service revenue account (credit). A liability is recorded because services are owed.