balvinder1234
Sep 25, 2013, 06:21 PM
If $1,700 was received in January for services performed in January, what was the balance in Unearned Revenue at December 31, 2013?
Unearned Revenue 1,300
Service Revenue 3,100
My attempted answer dec31bal+3100-1700=1300 dec31bal=100 which is wrong please help by explaining thanks!
Unearned Revenue 1,300
Service Revenue 3,100
My attempted answer dec31bal+3100-1700=1300 dec31bal=100 which is wrong please help by explaining thanks!