The Balance in Unearned Revenues Prior to Adjustment Was $3,150

Multiple Choice

The balance in Unearned Revenues prior to adjustment was $3,150. If the amount still unearned as of the end of the period is $1,700, the adjusting entry needed would be to:

A) debit Cash, $3,150; credit Unearned Service Revenue, $3,150.
B) debit Unearned Service Revenue, $1,700; credit Service Revenue, $1,700.
C) debit Unearned Service Revenue, $1,450; credit Service Revenue, $1,450.
D) debit Service Revenue, $1,450; credit Unearned Service Revenue, $1,450.