H&R Wholesalers is a retailer providing low cost, bulk items to small companies. Companies must pay an annual membership fee of $100 to access H&R's warehouses. H&R received yearly membership fees from 420 companies on August 1, 2019.   At December 31, 2019, calculate the remaining amount of Unearned Revenue and the account balance of the Revenue account. Round amounts to the nearest dollar.   Unearned revenue $fill in the blank 1 Revenue

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.