On August 1,2018,Brian Quinn received $8,400 for legal services to be performed evenly throughout the next twelve months,beginning August 1,2018.An adjusted trial balance prepared on December 31,2018 will show a credit balance in Unearned Revenue in the amount of:
A) $0.
B) $700.
C) $3,500.
D) $4,900.
Correct Answer:
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