Wentworth Company received advance payments from customers during 2015 of $10,000. At December 31, 2015, $1,000 of the advance payments still had not been earned. After the adjustments are recorded and posted at December 31, 2015, the balances in the Unearned Service Revenue and Service Revenue accounts will be:

Question

Wentworth Company received advance payments from customers during 2015 of $10,000. At December 31, 2015, $1,000 of the advance payments still had not been earned. After the adjustments are recorded and posted at December 31, 2015, the balances in the Unearned Service Revenue and Service Revenue accounts will be:
Wentworth Company received advance payments from customers during 2015 of $10,000. At December 31, 2015, $1,000 of the advance payments still had not been earned. After the adjustments are recorded and posted at December 31, 2015, the balances in the Unearned Service Revenue and Service Revenue accounts will be:

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The Answer of Wentworth Company received advance payments from customers during 2015 of $10,000. At December 31, 2015, $1,000 of the advance payments still had not been earned. After the adjustments are recorded and posted at December 31, 2015, the balances in the Unearned Service Revenue and Service Revenue accounts will be:

Wentworth Company Received Advance Payments from Customers During 2015 of $10,000