Answer:
c. prepaid revenue I believe that is the best answer?
Explanation:
a. discount received- The deductions from sales should include sales discounts and allowances. ... The result is the gross profit for the period
b. discount allowed- As generally defined, gross profit does not include fixed costs (that is, costs that must be paid regardless of the level of output). Fixed costs include rent, advertising, insurance, salaries for employees not directly involved in the production, and office supplies.
c. prepaid revenue-Income that has been generated but not earned, aka unearned revenue, is not included on the income statement and is considered a liability.
