Question: Get Fit Now gets a new client who prepays $540 for a package of six physical training sessions. Get Fit Now collects the $540 in
Get Fit Now gets a new client who prepays $540 for a package of six physical training sessions. Get Fit Now collects the $540 in advance and will provide the training later. After four training sessions, what should Get Fit Now record in its Balance Sheet? Select one: a. Revenue in Advance $360 b. Revenue in Advance $540 c. Unearned Service Revenue $90 d. Unearned Service Revenue $180 e. None of the above
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