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On December 31 a company that promotes concerts makes an adjustment to reclassify a portion of unearned revenue as earned revenue. How many accounts will

On December 31 a company that promotes concerts makes an adjustment to reclassify a portion of unearned revenue as earned revenue. How many accounts will be affected on the year-end balance sheet by this entry?

A. Three

B. Two

C. None

D. One

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