What Effect Will This Adjustment Have on the Accounting Records $$\begin{array} { | c | c | c | } \hline \text { Unearned Revenue } & 6,375 & \\\hline \text { Fees Earned } & & 6,375 \\\hline\end{array}$$

question 119

Multiple Choice

What effect will this adjustment have on the accounting records? $$\begin{array} { | c | c | c | } \hline \text { Unearned Revenue } & 6,375 & \\\hline \text { Fees Earned } & & 6,375 \\\hline\end{array}$$

• A) increase net income
• B) increase revenues reported for the period
• C) decrease liabilities
• D) all of these are true

---

Definitions:

Retrovirus

RNA virus, containing the enzyme reverse transcriptase, that carries out RNA/DNA transcription.

Budding

A form of asexual reproduction in which a new organism develops from an outgrowth of a parent, common among yeast and some invertebrates.

Proteinaceous Infectious Particles

Also known as prions, these are misfolded proteins that can cause rare but fatal neurodegenerative diseases.

Degenerative Diseases

Conditions that involve the progressive loss of structure or function of neurons, including disorders like Alzheimer's disease, Parkinson's disease, and multiple sclerosis.