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On September 1, 2021 Reem Company receives $180,000 cash in advance from Tele Company for services to be provided in the next 6 months. Financial

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On September 1, 2021 Reem Company receives $180,000 cash in advance from Tele Company for services to be provided in the next 6 months. Financial Statements for Reem Company are prepared at December 31. The amount of earned revenue on December 31, 2021 is: * O $120,000 $60,000 $90,000 O $150,000. O None of the above

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