On December 1, 2019, Carrie's Day Care receives $ 2 comma 700 in advance for an agreement to care for Susan's children for the months of December, January, and February. Carrie's Day Care will make an adjusting entry on December 31, 2019 to:

Unearned Revenue $900 (debit)

Revenue $900 (credit)

Explanation:

On 1 December Carrie's Day Care recorded Unearned Revenue of $2,700 the entry is as follows ;

Cash $2,700 (debit)

Unearned Revenue $2,700 (credit)

By end of the first month (31 December) one month`s revenue will have been earned and the unearned revenue balance decreases. The entries are as follows :

Unearned Revenue $900 (debit)

Revenue $900 (credit)

Calculation : December Revenue = 1/3 × $2,700 = $900

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

mauve company permits employees to occasionally use the copying machine for personal purposes