Question: Hi, I would like to know how to solve this question. Question 10 1 pts On June 30 , 2017 the company received $ 1

Hi, I would like to know how to solve this question.

Question 10 1 pts On June 30 , 2017 the company received $ 1 , 500 in advance on a sales contract that requires the company to deliver supplies at the end of each quarter valued at $375 for the next four quarters . The accountant incorrectly recorded the entire amount as revenue on June 30 , 2017 . Goods have been delivered as stipulated in the contract on September 30 and December 31 . What would be the adjustment to unearned revenue to remedy this error on December 31 , 2017 , assuming the books have not yet been closed for 2017 ? Question 1 1 1 pts Would you debit or credit unearned revenue for the adjustment calculated in question 10 ? O Debit O Credit I'll curves umIn edu/ course w/ lolRadi quizzes /'ll GT it take* 415 Quiz : Practice Set $ - Acounty Individual

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