Oleke Manufacturing received $800 in advance on January 1 from Zinger Company for services to...
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Accounting
Oleke Manufacturing received $800 in advance on January 1 from Zinger Company for services to be performed over the next 3 months. If the $800 received from Zinger Company was placed into the Unearned Revenue account, and Oleke had completed 30% of the work as of the end of the month, what adjusting entry would Oleke Manufacturing make on January 31?
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