Sydney & Caesar Law Firm uses the accrual basis to keep their accounting records. During 2018, they collected $460,000 from clients. On December 31, 2017 they had accounts receivable of $50,000. On December 31, 2018 they had accounts receivable of $70,000 and unearned revenue of $27,000. Using the accrual basis, how much is Sydney & Caesar Law Firm's service revenue for 2018?
A) $410,000
B) $467,000
C) $453,000
D) $480,000

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The Answer of Sydney & Caesar Law Firm uses the accrual basis to keep their accounting records. During 2018, they collected $460,000 from clients. On December 31, 2017 they had accounts receivable of $50,000. On December 31, 2018 they had accounts receivable of $70,000 and unearned revenue of $27,000. Using the accrual basis, how much is Sydney & Caesar Law Firm's service revenue for 2018?
A) $410,000
B) $467,000
C) $453,000
D) $480,000

Sydney & Caesar Law Firm Uses the Accrual Basis to Keep