Can you answer all the questions Made Company's unadjusted trial balance for the year ended December 31, 2019 showed a Repair Revenue account of P4,200. This balance was related to a one year contract to provide repair services for a year that started on October 31, 2019. In relation this, answer the following questions. 1. How much is the MONTHLY repair revenue pertaining to the said contract? 2. What method is being used by Made Company to account for the repair contract? A. Expense Method B.Asset Method C. Liability Method D. Revenue Method 3. How many months of the repair contract was earned for the year ending 12.31.2019? 4. How much is the correct amount of repair revenue for year 2019 related to the said contract? 5. How many months of the repair contract is still unearned as of 12.31.19? 6. How much is the correct balance of the unearned repair revenue on 12.31.19? 7. What adjusting entry should be made on 12.31.19? A. Cash B.unearned Repair Revenue C.repair Revenue D. Accounts Receivable Follow up question for #7 how much is the amount Another adjusting entry for #7 A.Unearned Repair Revenue B. cash C. Account Receivable D. Repair Revenue Follow question for # 7 how much is the amount