Mary signed up and paid $1,380 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s accounting records would indicate:

a $460 of revenue, $920 of accounts receivable.

b. $460 of revenue, $920 of deferred revenue.

c. $1,380 of revenue, $1,380 of cash.

d. $920 of revenue, $460 of accounts receivable.

Answer rating: 100% (QA)

M paid 1380 for 6 months course on June 1 st On this date C Ceramics would have recorded 1380 as ... View the full answer