ADJUSTING ENTRIES.............PLEASE HELP AND EXPLAIN!!!

49. Duck Insurance Company received advance payments from customers during 2012 of At December 31: 2012: $15,000 of the advance payments still had not been earnecL After the adjustments are recorded and posted at December 31, 2012, what will the balances be in the Unearned Insurance Revenue and Insurance Revenue accounts ? Unearned Insurance Revenue Insurance Revenue 0 c s 15,000 D. $ 15,000 $100,000 s 85,000