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What is revenue for the current period

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Reference no: EM132810242

Nicole's bookkeeper records three items:

  • $5,000 of unearned revenue being earned
  • $1,000 cash collected from earnings recorded in the prior period
  • $3,000 cash collected in advance of services

Problem 1: What is revenue for the current period?

Select one:

a. $8,000

b. $5,000

c. $6,000

d. $4,000

e. $3,000

Reference no: EM132810242

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