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O n December 1 0 , 2 0 2 3 , Sheridan Inc. received a cheque for $ 1 5 3 0 0 from a

On December 10,2023, Sheridan Inc. received a cheque for $15300 from a customer for
services that Sheridan will be performing in December 2023 and January 2024.By December
31,2023, Sheridan had earned 60%of that amount. Assuming the appropriate year-end
adjustments were made, the 2023 balance in Sheridan Unearned Revenue account will be
$9180.00.
zero.
$7650.00.
$6120.00.
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