Business, 11.02.2020 00:30 glitch14

Get Fit Now gains a client who prepays $540 for a package of six physical training sessions. Get Fit Now collects the $540 in advance and will provide the training later. After four training sessions, what should Get Fit Now report on its income statement?

a. Service revenue of $360
b. Service revenue of $540
c. Unearned service revenue of $360
d. Cash of $180

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Get Fit Now gains a client who prepays $540 for a package of six physical training sessions. Get Fit...

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