If the Unearned Revenue Account Had an Unadjusted Normal Balance

question 10

Multiple Choice

If the Unearned Revenue account had an unadjusted normal balance of $3,800, and an adjustment was made debiting the account for $500, the amount would appear in the Adjusted Trial Balance columns of the work sheet as a

• A) $4,300 debit.
• B) $4,300 credit.
• C) $3,300 debit.
• D) $3,300 credit.
• E) $3,800 debit.

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Definitions:

NLRA

An important United States legislation enacted in 1935 that grants workers the right to form unions and engage in collective bargaining practices.

Nonunion Employee Representation

Mechanisms for employee representation within workplaces that are not handled by labor unions, such as employee councils or forums.

Escape Strategy

A plan or approach designed to exit a problematic or undesirable situation, often involving clever or strategic moves.

Competitive Pressures

The forces that compel companies to compete more effectively for market share through pricing, innovation, customer service, and other strategies.