Multiple Choice
On August 1 of the current year, Jamie Simmons received $5,400 for legal services to be performed evenly throughout the next six months. An adjusted trial balance prepared on December 31 of the current year will show a credit balance in Unearned Revenue in the amount of:
A) $0.
B) $900.
C) $4,500
D) $5,400.
Correct Answer:
Verified
Correct Answer:
Verified
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