Multiple Choice
On December 10, 2020, Bella Inc. received a cheque for $ 13,625 from a customer for services that Bella will be performing in December 2020 and January 2021. By December 31, 2020, Bella had earned 60% of that amount. Assuming the appropriate year-end adjustments were made, the 2020 balance in Bella Unearned Revenue account will be
A) $ 8,175.
B) $ 6,812.50.
C) $ 5,450.
D) zero.
Correct Answer:
Verified
Correct Answer:
Verified
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