题目内容
On April 1, 2016, Jiminee Insurance Company sold a one-year insurance policy covering the year ended March 31, 2017. Jiminee collected the full $1,800 on April 1, 2016. Jiminee made the following journal entry to record the receipt of cash in advance:Apr 1 Cash 1,800Unearned Revenue 1,800Nine months have passed, and Jiminee has made no adjusting entries. Based on these facts, the adjusting entry needed by Jiminee at December 31, 2016, is:
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