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Question 6 (1 point) A fitness company entered into a contract on December 16th to provide their gym services to the employees of ABC, Inc.

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Question 6 (1 point) A fitness company entered into a contract on December 16th to provide their gym services to the employees of ABC, Inc. for $8,000. They will bill ABC and be paid by ABC at the end of the 30 days. As part of the entry needed on December 31, the fitness company would: No entry should be made until ABC pays the fitness company. Debit Cash for $4,000 Credit Accounts Receivable for $4,000 Credit Unearned Revenue for $4,000 Credit Revenue for $4,000

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