Johns inc, collects all its revenues in advance of service. It started and ended the year w

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Johns inc, collects all its revenues in advance of service. It started and ended the year w unearned revenue account balances of 700,000 and 985,000. During the year, Johns collected 1,985,000 in cash from customers. How much revenue did the company record for the year?

1,700,000

2,270,000

1,985,000

2,685,000

Posted Date: Jul 11, 2024 01:04 AM

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Johns inc, collects all its revenues in advance of service. It started and ended the year w

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