Question $6(1$ point$)$

$$

On February $1,$ Acme Corp. signed a contract to provide bookkeeping services to a customer for a one$-$year period. On that date, the customer paid a deposit of $$200.$ The bookkeeping will be performed monthly, and the annual fees are $$3,000.$ Acme performed the bookkeeping in February and March but has not yet been paid for its services. Acme has a March $31$ year end and reports under ASPE.$$

How much revenue should Acme recognize from this contract for its March $31$ year end?

Question $6$ options:

a$)$

$$0$

b$)$

$$200$

c$)$

$$500$

d$)$

$$3,000$