for a recent year, flood corp reported short term unearned revenue of $23,223 million. For the same year, flood also reported total revenues of $93,580 million.

a) Assume that flood recognized $2,000 million of unearned revenue as revenue during the year, what entry for unearned revenue did flood make during the year? Indicate each account affected, whether the account is increased or decreased, and the amount of the increase or decrease.

b)what percentage of total revenues is the short term unearned revenue? Round to one decimal place.