Question: Help Save & Exit FastFlix sells one - year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at the

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FastFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at the beginning of the subscription period. On April 1,2024, total sales of one-year subscriptions are $12,000. What is the adjusted balance of Deferred Revenue on December 31,2024?
Multiple Choice
$0
$12,000
$3,000
$9,000
Help Save & Exit FastFlix sells one - year online

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