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Service Revenue H&R Wholesalers is a retailer providing low cost, bulk items to small companies. Companies must pay an annual membership fee of $100
Service Revenue H&R Wholesalers is a retailer providing low cost, bulk items to small companies. Companies must pay an annual membership fee of $100 to access H&R's warehouses. H&R received yearly membership fees from 624 companies on August 1. Required: At December 31, calculate the remaining amount of Unearned Revenue and the account balance of the Revenue account. Round your answers to the nearest dollar. Unearned revenue Revenue
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