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Calculation of Revenue
the Records for Oriole Corp Instructions
Show the Calculation of the Amount of Revenue That

Question 67

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Calculation of revenue
The records for Oriole Corp. showed the following for 2020:
Jan 1 Dec 31 Unearned revenue............................... $3,000$3,400Accrued revenue................................... 1,4001,100Cash collected during the year from revenue....... $85,000\begin{array}{cccc}&\underline{\text {Jan 1 }} &\underline{ \text {Dec 31} } \\ \text { Unearned revenue............................... } &\$3,000&\$3,400\\ \text {Accrued revenue................................... } &1,400&1,100\\ \text {Cash collected during the year from revenue....... } &\$85,000&\\\end{array}
Instructions
Show the calculation of the amount of revenue that should be reported on the 2020 statement of comprehensive income.

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$ 85,000 + $ 3,000 -...

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