On June 1, 2013, Marino Corporation Received $1,800 as Advance $\begin{array} { l l l } \text { Unearned Fees } & 1,050 & \\\text { Advertising Revenue } & & 1,050\end{array}$

question 20

Multiple Choice

On June 1, 2013, Marino Corporation received $1,800 as advance payment for 12 months' advertising. The receipt was recorded as a credit to Unearned Fees. What adjusting entry is required at December 31, 2013?

• A) \(\begin{array} { l l l } \text { Unearned Fees } & 1,050 & \\ \text { Advertising Revenue } & & 1,050 \end{array}\)
• C) \(\begin{array}{l} \text { Cash } &750\\ \text { Advertising Revenue }&&750 \end{array}\)
• D) \(\begin{array}{lll} \text { Unearned Fees } & 750 \\ \text { Advertising Revenue } & & 750 \end{array}\)

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Definitions:

Confrontation and Problem Solving

Addressing and engaging in direct discussions or actions to resolve disputes, challenges, or issues.

Direct Reports

Employees who report directly to a manager or supervisor.

Conflict

Refers to a situation where there is a clash of interests, values, actions, views or directions between individuals or groups.