On June $1,$ Schepanski Corporation received $$3,600$ as advance payment for $12$ months' advertising. The receipt was recorded as a credit to Unearned Fees.

What adjusting entry is required on December $31?$

Select one:

A$.$

Unearned Fees

$1,500$

Advertising Revenue

$1,500$

B$.$

Advertising Revenue

$2,100$

Unearned Fees

$2,100$

C$.$

Unearned Fees

$1,800$

Advertising Revenue

$1,800$

D$.$

Unearned Fees

$2,100$

Advertising Revenue

$2,100$