On December 10, 2017 Peach Inc

Multiple Choice

On December 10, 2017 Peach Inc.received a cheque for $54,500 from a customer for services that Peach will be performing in December 2017 and January 2018.By December 31, 2017, Peach had earned 40% of that amount.Assuming the appropriate year-end adjustments were made, the 2017 balance in Peach's Unearned Revenue account will be

A) $21,800.
B) $27,250.
C) $32,700.
D) zero.