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On January 1, 2023, Decker, Co. sells a four year subscription for $108,000. What is the balance in Decker's Unearned Revenue account on January 1,

On January 1, 2023, Decker, Co. sells a four year subscription for $108,000. What is the balance in Decker's Unearned Revenue account on January 1, 2023? What portion of the Unearned Revenue balance is current? What portion of the Unearned Revenue balance is non-current? Decker records Adjusting Journal Entries at the end of year only (no monthly AJEs). How much Revenue has Decker earned as of December 31, 2023? Prepare the Adjusting Journal Entry to record the Revenue earning during 2023. DR: CR: What is the balance in Decker's Unearned Revenue account on January 1,2024? What portion of the Unearned Revenue balance is current? What portion of the Unearned Revenue balance is non-current

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