Spafford services, inc. provides services to clients. on may 1, a client prepaid spafford services $71,000 for 6-months services in advance. spafford services' general journal entry to record this transaction will include a

Services provided by Spafford to the clients.

On May 1,

A client prepaid Spafford Services $71,000 for 6-months services in advance.

The Journal entry is as follows:

Cash A/c …………………………………………Dr.   $71,000

                To Unearned Management Fees A/c     $71,000

(To record the services provided to client in advance)

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education