Part V. Unearned Revenue On November 1, Luna Repair Shop receives P80,000 from a customer as payment for the monthly check- up and maintenance of his automobiles for six months starting the month of November. Assuming no adjusting entry had been made on November 30, what is the adjusting journal entry to be prepared by the end of December if the company credited unearned service income on November 1 Date Particulars PR Debit Credit

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