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On july 30, 2018, Lemon corporation received a check in the amount of $10,000 for...

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Accounting

On july 30, 2018, Lemon corporation received a check in the amount of $10,000 for a professional engagement that Lemon corporation will not perform until September 12, 2018. Lemon corporation deposits the $10,000 on the day of receipt. The $10,000 represents a (blank) on Lemons financial statements: A. Deferred revenue B. Deferred expense C. Accrued revenue D. Accrued expense.

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