Multiple Choice
Use the information above to answer the following question.Assuming Disco World adjusts its accounts only at its December 31 year end,what entry must Disco World make to account for the services provided through that date?
A) Debit Cash and credit Dance Lessons Revenue for $3,000
B) Debit Unearned Revenue and credit Dance Lessons Revenue for $4,500
C) Debit Unearned Revenue and credit Dance Lessons Revenue for $3,000
D) Debit Dance Lessons Revenue and credit Unearned Revenue for $3,000
Correct Answer:
Verified
Correct Answer:
Verified
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