Hercules Workout World gains a client who prepays ($630) for a package of six physical training sessions.

Question:

Hercules Workout World gains a client who prepays $$630$ for a package of six physical training sessions. Hercules Workout World collects the $$630$ in advance and will provide the training later. After two training sessions, what should Hercules Workout World report on its income statement?

a. Unearned service revenue of $210

b. Service revenue of $210

c. Cash of $420

d. Service revenue of $630

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