On December 10, 2017 Peach Inc

question 58

Multiple Choice

On December 10, 2017 Peach Inc.received a cheque for $54,500 from a customer for services that Peach will be performing in December 2017 and January 2018.By December 31, 2017, Peach had earned 40% of that amount.Assuming the appropriate year-end adjustments were made, the 2017 balance in Peach's Unearned Revenue account will be

• A)$21,800.
• B)$27,250.
• C)$32,700.
• D)zero.

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Definitions:

Motivated

A state of being driven or inspired to achieve something.

Demotivated

A state of reduced motivation, often characterized by a lack of enthusiasm or interest in tasks.

Performance Goals

Are specific, measurable objectives set by individuals or teams to achieve within a particular time frame to improve their current level of performance.

Energize

To give vitality and enthusiasm to a person or group, motivating them towards achieving their goals or tasks.