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Prior to preparing adjusting entries of yout-end, Haven Media, and station, had a balance of 5504.000 in advertising revenue On Decembe 12. Haven rechtved S.000

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Prior to preparing adjusting entries of yout-end, Haven Media, and station, had a balance of 5504.000 in advertising revenue On Decembe 12. Haven rechtved S.000 ron an adviser. This amount represented a payment in advance for 19 ads to be red in the most suy days Haven recorded this recipe in The December 31. Haven Media had run 4 of these ads Which of the following will Haven Media present on is income statement for the year? a neurred Revenue with a bance of $520,000 Ob narod Reverse with a bwance of 576,000 Oc Uneamed Revenue with a balance of $60,000 d Advertising Revenue with a balance of $520,000 Advertising Revenue with a balance of 560.000 QUESTION 32 Which of the following accounts get closed a year end? HES Liabilities only Both Revenues and Liabilities ac Revenues only Neither Revernor Liabilities QUES Which of the following accounts get closed at year-end? Dividends Assets Neither Dividends nor Assets Both Dividends and Assets Assets only Dividends only

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