5. Unearned Rent Revenue is a. a contra account to Rent Revenue. b. a revenue account. c. reported as a current liability. d. debited when rent is received in advance. Find nct income using th followingtramactions G pointy) 1. Bill Co. paid $1,000 for one month rent 2. Bill Co. paid $1,200 for two weeks wages 3. Bill Co. performed S5,200 in consulting services on account 4. Bill Co billed a customer $1,500 for services performed 5. Bill Co. received $5,200 in payment for item 3 6. Bill Co performed services and immediately collected $2,000 7. Bill Co. paid S500 for advertising in the local paper A. $11,200 B. $6,000 C. $8,700 D. $13,900 E. $7,000 7. Bonds with a face value of $300,000 and a quoted price of 102/4 have a selling price of a. $360,675 b. $306,075. c. $300,675. d. $306,750