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36. If a business has received cash in advance of services performed and credits a liability accom adjusting entry needed after the services are performed
36. If a business has received cash in advance of services performed and credits a liability accom adjusting entry needed after the services are performed will be a debit Unearned Revenue and credit Cash. b. debit Uneamed Revenue and credit Service Revenue. c.debit Unearned Revenue and credit Prepaid Expense. d. debit Uneamed Revenue and credit Accounts Receivable. 35. State whether each situation is a: Prepaid expense (PE) Unearned revenue (UR) Accrued Revenue (AR) Accrued expense (AE)
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