Unearned service revenue has a balance that is $2,800 less in the worksheet's balance sheet credit column than in the worksheet's trial balance credit column. From this data, it can be determined that:
A)unearned service revenue was credited for $2,800 in the adjustments columns.
B)service revenue was debited for $2,800 in the adjustments columns.
C)service revenue was credited for $2,800 in the adjustments columns.
D)unearned service revenue was credited for $2,800 in the adjusted trial balance columns.

Question

Quizplus · Accepted Answer

The decrease in the credit balance of unearned service revenue indicates that $2,800 of it was earned, so service revenue was credited for $2,800 in the adjustments columns.

Unearned Service Revenue Has a Balance That Is $2,800 Less