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Unearned revenue occurs when: Multiple Choice Customers pay in advance of receiving a service All of the choices are correct Customers default and do not pay you what is owed Customers pay after receiving a service To record adjusting entries, use: Multiple Choice O Reports Menu > General Journal Entries Home > Journal Entries O Accountant Menu > Make General Journal Entries Banking Menu > Make General Journal Entries Form 1099 is used to: Multiple Choice O None of the choices are correct O Report the amount paid to a vendor in compliance with IRS regulations Report the amount received from customers in compliance with IRS regulations Report the amount paid to employees in compliance with IRS regulations