On 11/31, ABC Pest Control Company receives a $1,200 deposit from a customer. This deposit was an advance payment to provide pest control services each month for the next 12 months, starting on 12/1. At the end of the December on 12/31 ABC Pest Control Company:

Group of answer choices

Would have an $1,100 liability

Would have a $1,100 asset

Would have $100 expense

Would have $1,100 revenue