The following information relates to questions 31 and 32: CBA Co. uses accrual basis accounting. It collects $20,000 in December for a job and credits unearned revenue. By the end of December, its year end, CBA has completed 40% of the work. 31. How much revenue has CBA earned in December? 000.000.00 a. $20,000 b. $12,000 c. $8,000 d. $0 32. Which accounts does CBA debit and credit in the adjusting journal entry on December 31? a. Unearned Revenue Esc. Revenue Cash To reflect revenue earned Unearned Revenue To reflect revenue earned b. Unearned Revenue biod. Cash Revenue Revenue To reflect revenue earned To reflect revenue earned