Unearned Revenue Shows a Beginning Balance of $4,700 and an Ending

question 124

Multiple Choice

Unearned revenue shows a beginning balance of $4,700 and an ending balance of $3,400. The adjusting entry shows a credit to service revenue for $10,200. How much cash was received in advance during the year?

• A)$8,900
• B)$10,200
• C)$14,900
• D)$13,600

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Definitions:

French Officials

Personnel or authorities that govern, administer, or represent France at various levels of organization, from local communities to international relations.

United States Officials

Individuals holding positions of authority or public service in various branches of the U.S. government, including executive, legislative, and judicial roles.

Shell Shock

A term coined during World War I to describe the psychological trauma experienced by soldiers after prolonged exposure to warfare.

Field Hospitals

Temporary medical units established to provide care and treatment to the sick and wounded near areas of active combat or natural disaster.