Bijan Corporation earned $4,000 of revenue that had been deferred. How would the related adjusting entry be recorded in the company's T-accounts?

A.

Cash
4,000 
Revenue
 4,000

B.
Unearned Revenue
4,000 
Revenue
 4,000

C.
Revenue
4,000 
Unearned Revenue
 4,000

D.
Cash
4,000 
Unearned Revenue
 4,000


Answer: B

Business

You might also like to view...

The computer processes data through output devices.

Answer the following statement true (T) or false (F)

Business

List at least four content guidelines to follow when writing a questionnaire

Business

Discuss and exemplify how you might have to speak publicly in your college courses.

What will be an ideal response?

Business

Business intelligence (BI) applications include ______.

a. the activities of decision support systems b. query and reporting c. forecasting d. all of these

Business