1)The trial balance for unearned compensation for 2018 is 15,000and 2019 is 5,000. What...

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Accounting

1)The trial balance for unearned compensation for 2018 is 15,000and 2019 is 5,000. What would the journal entry look like for thisproblem?
2)The trial balance for land in 2018 is 100,000 and 2019 is232,000. What would the journal entry look like for this problem ifit is paid with cash?
3)The trial balance for Plant Assets in 2018 is 555,000 and 2019is 783,072. What would the journal entry look like for this problemif the
trial balance reports A/D of 250,000 in 2018 and in 2019 is275,000? There is also a trial balance in 2018 of 70,000 and in2019 of 238,072 for Notes Payable.

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Solution 1 Date Account Titles and Explanation Debit Credit 2019 Unearned Compensation 10000 Compensation Revenue 10000 Being compensation earned Note Unearned Compensation has decreased from 15000 to 5000 during this year means we have earned that compensation this See Answer

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In: Accounting1)The trial balance for unearned compensation for 2018 is 15,000and 2019 is 5,000. What would...1)The trial balance for unearned compensation for 2018 is 15,000and 2019 is 5,000. What would the journal entry look like for thisproblem?2)The trial balance for land in 2018 is 100,000 and 2019 is232,000. What would the journal entry look like for this problem ifit is paid with cash?3)The trial balance for Plant Assets in 2018 is 555,000 and 2019is 783,072. What would the journal entry look like for this problemif thetrial balance reports A/D of 250,000 in 2018 and in 2019 is275,000? There is also a trial balance in 2018 of 70,000 and in2019 of 238,072 for Notes Payable.