Question: c . Sentry operates several buses that provide transportation for the clients of a social service agency in Atlanta. Sentry bills the agency in advance

.

Sentry operates several buses that provide transportation for the clients of a social service agency in Atlanta. Sentry bills the agency in advance at the end of

January, April, July, and October for the service to be performed over the next

3

months. The contract price is $

10, 800

for each

3 -

month period. Sentry properly

recognizes revenue in the period in which the service is performed.

Dec.

31

Unearned Service Revenue

x

c. Sentry operates several buses that provide transportation for the clients

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