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Celine Thont Adjunct Lid signed a contract to provide network service to Bare Lid for one year from August 2019 for $500 per month The

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Celine Thont Adjunct Lid signed a contract to provide network service to Bare Lid for one year from August 2019 for $500 per month The contract required Bare Lid to make a single payment to Adjunct Lid for all 12 months at the beginning of the contract Adjunct Lid received 56,000 on the 1 August 2019, What amount of revenue should Adjunct Lid recognize in its statement of profit and loss for the year ended 31 December 2019? Select one O a $2.500 Ob $4.000 Oc54 500 Od $2.000 Snil

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