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9/2022] ACCG 16971 - Class 6708 (We 3:00PM - 6:00PM) y courses/ [Sheridan 09/2022] ACCG 16971 - Class 6708 (We 3:00PM - 6:00PM) CHAPTER 5-

image text in transcribed 9/2022] ACCG 16971 - Class 6708 (We 3:00PM - 6:00PM) y courses/ [Sheridan 09/2022] ACCG 16971 - Class 6708 (We 3:00PM - 6:00PM) CHAPTER 5- The Accounting Cycle: Adjustments/C Sima Events Organizers manages various big corporate conferences around the city. On January 3, 2022, they charged a special price of $1,000 for one of their clients, who prepaid for five identical events this year and next year. Assuming the company has a December 31 year-end and four events out of the five have been held before the end of the year, which of the following journal entry is required to record the transaction on December 31, 20227 Select one: a. Debit Cash $200; credit Service Revenue $200 b. None of the choices listed c. Debit Unearned Revenue $1,000; credit Service Revenue $1,000 Od. Debit Unearned Revenue $800; credit Accounts Receivable $800 ere to search 14 144 110 Next page 10C

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