Paramount Event Planning Services collects fees from its customers in advance. On January 1, 2017, the balance of its Unearned Revenue account was $3,000 (CR). During January and February, the company collected $4,000 and $600 as advance fees

During the two-month period, it performed services of $5,500 related to the deferred revenue. What is the balance in Unearned Revenue at the end of February?
A) debit balance of $3,000
B) credit balance of $3,000
C) debit balance of $2,100
D) credit balance of $2,100

D .Beginning balance in Unearned Revenue $3,000 Credit
Unearned Revenue in January 4,000 Credit
Unearned Revenue in February 600 Credit
7,600 Credit
Less: service rendered in January and February (5,500 ) Debit
Ending balance in Unearned Revenue $2,100 Credit