Using the accrual method, the unearned revenue as of December 31 is $12,000.
<h3>What is Unearned revenue?</h3>
Unearned revenue can be defined as the amount a company received from their client for the service they are yet too rendered.
Since the company has received full balance for the services not yet provided. The unearned revenue as of December 31 will be $12,000.
Reason been that the amount that the client paid the company is for a year-long contract, hence the $12,000 represent a prepayment amount for the service the company is yet too rendered to their client
Thus, using the accrual method, the unearned revenue as of December 31 is $12,000.
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Answer:
Please, provide with options.
Explanation:
Thank you!!
Answer: C) A solid lower part and a liquid upper part
Explanation:
The Earth's outer core is a fluid layer and composed of mostly iron and nickel that lies above Earth's solid inner core and below its mantle. Hopefully I'm right!
Answer:
I would say A. If correct would atleast consider brianlist ehhe:)
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