On Friday of each week, Cobolt Ltd pays its factory personnel weekly wages amounting to $2,500 for a five-day work week. During January, pay day falls on Friday 25 . For the month end accounts for January, the amount to be accrued for wages would be: a. $500 b. $1000 c. $1500 d. $2000 e. No adjustment is necessary Get Fit Now gets a new client who prepays $540 for a package of six physical training sessions. Get Fit Now collects the $540 in advance and will provide the training later. After four training sessions, what should Get Fit Now record in its Balance Sheet? a. Revenue in Advance $360 b. Revenue in Advance $540 c. Unearned Service Revenue $90 d. Unearned Service Revenue $180 e. None of the above