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principles of acconting On 1/09/2017 ABC Company received $37.500 from customer for services to be performed evenly over 12 months period starting 1/11/2017. In addition
principles of acconting On 1/09/2017 "ABC Company received $37.500 from customer for services to be performed evenly over 12 months period starting 1/11/2017. In addition on 1/10/2017 ARC received $14,850 from customer for services to be performed evenly over an 1 months starting 1/11/2017 Based on the above given information, answer the following questions 1. What is the amount revenue that must be presented on the income statement for the 2017 The Answer is: 2 What is the amount of TOTAL unearned revenue that must be presented on the statement of financial position as on 31/12/2017 The Answer is: 3. What is the amount revenue that must be presented on the income statement for the 2012 The Answers 4. What is the amount of TOTAL unearned revenue that must be presented on the statement of financul position as on 31/12/20187 The Answer is: Next page
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