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gOOvER gOOvER
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6 years ago
When an unearned revenue is initially recorded as a revenue, the adjusting entry would affect net income as follows:
A) decrease.
B) no effect.
C) increase.
D) current income is correct and next periods income is incorrect.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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