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On December 10, 2020, Fresh Inc. received a cheque for $ 13,625 from a customer for services that Fresh will be performing in December 2020

On December 10, 2020, Fresh Inc. received a cheque for $ 13,625 from a customer for services that Fresh will be performing in December 2020 and January 2021. By December 31, 2020, Fresh had earned 60% of that amount. Assuming the appropriate year-end adjustments were made, the 2020 balance in Fresh Unearned Revenue account will be $6,812.50. zero. $8,175. $5,450

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