Question: QUESTION 9 On 10/1/19, Tenace received $2,500 from a customer to provide services equally over the next five months. Tenace recorded the entire amount to

QUESTION 9

  1. On 10/1/19, Tenace received $2,500 from a customer to provide services equally over the next five months. Tenace recorded the entire amount to unearned revenue. What is the adjusting journal entry at year end 12/31/19?

    A.

    Cash 1,500

    Service Revenue 1,500

    B.

    Unearned Revenue 1,500

    Service Revenue 1,500

    C.

    Service Revenue 1,000

    Unearned Revenue 1,000

    D.

    Unearned Revenue 2,000

    Service Revenue 2,000

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