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What Effect Will This Adjustment Have on the Accounting Records  Unearned Revenue 6,375 Fees Earned 6,375\begin{array} { | c | c | c | } \hline \text { Unearned Revenue } & 6,375 & \\\hline \text { Fees Earned } & & 6,375 \\\hline\end{array}

Question 119

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What effect will this adjustment have on the accounting records?  Unearned Revenue 6,375 Fees Earned 6,375\begin{array} { | c | c | c | } \hline \text { Unearned Revenue } & 6,375 & \\\hline \text { Fees Earned } & & 6,375 \\\hline\end{array}


A) increase net income
B) increase revenues reported for the period
C) decrease liabilities
D) all of these are true

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