1.Big Apple Company sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of each month, the company makes an adjusting entry to account for the tickets used during the month (ticket revenue.) On March 1, the Unearned Revenue account had a credit balance of $5000. During March, Big Apple sold 400 tickets at $40 each, and 350 tickets were used during the month. What is the balance in Unearned Revenue at the end of March?

A.debit balance of $5000

B.debit balance of $7000

C.credit balance of $7000

D.credit balance of $5000

2.Plum Painting Services has a weekly payroll of $27,000. December 31 falls on Wednesday and Plum will pay its employees the following Monday (January 5) for the previous full week. Assume that Plum has a five-day workweek and has an unadjusted balance in Salaries Expense of $780,000 at December 31. What amount should be debited to Salaries Expense on December 31?

A.$27,000

B.$780,000

C.$10,800

D.$16,200

3.The following are all of the current month's balances for Coconut Company (sole proprietorship) before preparing the trial balance. All balances are normal, positive balances.

Accounts Payable	$7000
Revenue	3000
Cash	6000
Expenses	14,500
Furniture	10,000
Accounts Receivable	11,000
Owner, Capital	?
Notes Payable	8500

What amount should be shown for Owner, Capital on the trial balance?

A.$27,000

B.$15,500

C.$46,000

D.$23,000