Bryson Services, Inc. performed accounting services for a cl
Bryson Services, Inc. performed accounting services for a client in December. A bill was mailed to the client on December 30. The company received a check by mail on January 5
Which of the following accounts should appear on the balance sheet as of December 31 as related to the services performed?
A) Prepaid Expense
B) Accounts Receivable
C) Unearned Revenue
D) None, there is no entry in December.
ANSWER
B
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