Multiple Choice
An internet service provider requires customers to prepay for six months of service. On August 1, 2010, Ricky Roberts paid $480 for internet service for the next six-month period. For the year ended December 31, 2010, how much revenue will the internet service have earned from Roberts?
A) $ 0
B) $ 80
C) $320
D) $400
E) $480
Correct Answer:

Verified
Correct Answer:
Verified
Q26: On October 1, 2010, Pilcher's Inc. paid
Q27: Georgia Company's total liabilities on August 31,
Q28: A post-closing trial balance includes all the
Q29: Real Sports Unlimited received $240,000 for multiple
Q30: On April 15, the Gold Coast Pizza
Q32: Any supporting item that identifies the key
Q33: The following account balances have been taken
Q34: The following transactions were incurred by Wood
Q35: Which of the following accounts are included
Q36: In a contra-asset account, debits would cause