Business, 26.06.2020 15:01 Barret07

Paramount Event Planning Services collects fees from its customers in advance. On January 1, 2017, the balance of its Unearned Revenue account was $6,000 (CR). During January and February, the company collected $3,000 and $800 as advance fees. During the two-month period, it performed services of $7,500 related to the deferred revenue. What is the balance in Unearned Revenue at the end of February

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Paramount Event Planning Services collects fees from its customers in advance. On January 1, 2017, t...