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H3Ko H3Ko
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Posts: 4891
7 years ago
Get in Shape, a healthy living magazine, collected $528,000 in subscription revenue on May 31. Each subscriber will receive an issue of the magazine in each of the next 12 months, beginning with the June issue. The company uses the accrual method of accounting. What is the balance in the Unearned Revenue account as of December 31?
A) $528,000
B) $308,000
C) $396,000
D) $220,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
7 years ago
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H3Ko Author
wrote...
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
wrote...
4 years ago
thanks
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3 years ago
mvhgymhgm
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