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QUESTION On October 1, 2019, a consulting firm records as consulting revenue the receipt of $18,000 cash for revenue to be earned over nine months.

QUESTION On October 1, 2019, a consulting firm records as consulting revenue the receipt of $18,000 cash for revenue to be earned over nine months. At December 31 the firm has earned only three of the nine months. What will be the amount of unearned revenue at the end of the fiscal year?
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On October 1,2019, a consulting firm records as consulting revenue the receipt of $18,000 cash for revenue to be earned over nine months. At December 31 the firm has earned only three of the nine months. What will be the amount of unearned revenue at the end of the fiscal year

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