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Business, 19.03.2020 21:03 pito63

On December 31, 2018 the balance in Energy Exploration Company's Unearned Revenue account was a credit of $ 10 comma 000. In January, 2019, the company received an advance payment of $ 12 comma 000 from a new customer for services to be performed. By January 31, adjustments were made to recognize $ 7 comma 000 of the revenue that had been earned during January. What was the balance in Unearned Revenue on January 31, 2019?

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