Manhattan Park Adjusts Its Books Each Month and Closes Its

Multiple Choice

Manhattan Park adjusts its books each month and closes its books on December 31 each year. The trial balance at January 31, of the current year, before adjustments, follows:

-Refer to the above data. According to attendance records, $8,200 of the Unearned Admission Revenue has been earned in January. Compute the amount of admissions revenue to be shown in the January income statement:

A) $35,800.
B) $19,400.
C) $8,200.
D) $3,800.