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On December 1, Simpson Marketing Company received $3,300 from a customer for a 2-month marketing...

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Accounting

On December 1, Simpson Marketing Company received $3,300 from a customer for a 2-month marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned revenue. The adjusting entry for the year ended December 31 would include:

$8,340.
0
$1,390.
$4,170
$16,680.

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