Question 34 Not yet answered At January 1, 2018, Beckett, Inc. reported $996 in liabilities. For the year ended December 31, 2018, Beckett reported revenues of $980, expenses of $924, and dividends of $36. During the year, the firm issued $90 in common stock. There were no other items affecting equity. Assets at December 31, 2018 were $2,174 and liabilities decreased during the year by $24. What were assets at January 1, 2018? Points out of 3.00 P Flag question Select one: a. $2,040 b. $2,088 c. $2,130 d. $2,308 e. $2,260 Question 35 Not yet Quinlan Company records $45,000 in the unearned service revenue account during the year. The ending balance of unearned service revenue is determined to be $18,000. The adjusting entry involves answered a: Points out of 3.00 P Flag question Select one: a. debit to service revenue for $18,000 b. debit to service revenue for $27,000 c. credit to service revenue for $27,000 d. credit to service revenue for $18,000 e. credit to unearned revenue for $18,000