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Business, 14.04.2020 20:46 lil8174

Metro Event Planning Services collects fees from its customers in advance. On January 1, 2019, the balance of its Unearned Revenue account was $ 3 comma 000 (CR). During January and February, the company collected $ 4 comma 000 and $ 700 as advance fees. During the twominus month period, it performed services of $ 4 comma 500 related to the deferred revenue. What is the balance in Unearned Revenue at the end of February? A. debit balance of $ 3 comma 000

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