Bates, Inc recorded the adjusing entry to recognize $4,000 of revenue previously recorded as unearned income. Which of the following accounts was recorded with a debit entry from this transaction?
A. Cash Account
B. Revenue Account
C. Accounts Receivable Account
D. Unearned Revenue Account
Expert Answer
Unearned Revenue Account will be recorded with a debit entry from this transaction | ||||||||
Option D is correct | ||||||||