During June, Bravo Magazine sold for cash six advertising spaces for

$400 each to be run in the July through December issues. On that date, Bravo properly recognized Unearned Revenue. The adjusting entry to record on July 31 includes:
Question 7 options:

a credit to Revenue for $2,000

a debit to Unearned Revenue for $400

a credit to Unearned Revenue for $400

a debit to Cash for $2,000

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