December 31 2008 2007
Fees receivable from members 14 000 9000
Unearned fees revenue 17 000 25000
Fees are billed to members based upon their use of club facilities .unearned revenue arise from a sale of gift certificate which member can apply to their future use of club facilities
The 2008 income statement for the club showed that fees revenue of 153000 was earned during the year
Determine the amount of cash received by the club with respect to fees during 2008

december 31 2008 2007
fees receivable from members 14 000 9000
unearned fees revenue 17 000 25000
fees are billed to members based upon their use of club facilities .unearned revenue arise from a sale of gift certificate which member can apply to their future use of club facilities
the 2008 income statement for the club showed that fees revenue of 153000 was earned during the year
determine the amount of cash received by the club with respect to fees during 2008

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Thanks!