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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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#1
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6 years ago
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Tomm Author
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6 years ago
Good timing, thanks!
AlahuKakpar
wrote...

Yesterday
Correct Slight Smile TY
kh540941
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2 hours ago
Brilliant ツ
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