Question

Aggie Fitness began business in College Station, TX on June 1, 2018. At that time, the company collected $6,000 in advance payments from customers for 12-month gym memberships. At December 31, 2018, after the adjusting entries are recorded and posted, the balances in Unearned Revenue and Membership Revenue should be, respectively,

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QUESTION 4 Not changed since last attempt Marked out of 1.00P
ie Fitness began business in College Station, TX on June 1, 2018. At tha
payments from customers for 12-month gym memberships. At December 31,
and posted, the balances in Unearned Revenue and Membership Revenue sh
Select one:
O
a. $3,000, $3,000
O
b. $2,500, $3,500
C. $6,000, $0
O
d. $0, $6,000
O
e. $3,500, $2,500
image2 (1)jpeg
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Transcribed Image Text:ts > HW Assignment3 Menu QUESTION 4 Not changed since last attempt Marked out of 1.00P ie Fitness began business in College Station, TX on June 1, 2018. At tha payments from customers for 12-month gym memberships. At December 31, and posted, the balances in Unearned Revenue and Membership Revenue sh Select one: O a. $3,000, $3,000 O b. $2,500, $3,500 C. $6,000, $0 O d. $0, $6,000 O e. $3,500, $2,500 image2 (1)jpeg
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