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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
An accountant who uses the accrual basis of accounting receives cash in advance for services yet to be performed. The entry to record this transaction will include a credit to which of the following accounts?
A) Unearned Service Revenue
B) Prepaid Expense
C) Unearned Expense
D) Service Revenue
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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6 years ago
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Tomm Author
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6 years ago
Helped a lot
alpheratz
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Yesterday
Smart ... Thanks!
einstein
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2 hours ago
Thanks
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