47. A customer pays you in the current accounting period for work you will not perform for until a future accounting period. When creating a journal entry to record thi credit: is transaction, you will a. Retained Earnings b. Sales Revenue c. Cash d. Unearned Revenue 48. Of the four basic financial statements that are prepared as part of the Accounting Cycle , the first statement prepared is the: a. Balance Sheet b. Statement of Stockholders' Equity c. Income Statement d. Statement of Cash Flows 49. Of the four basic financial statements that are prepared as part of the Accounting Cycle, the last statement prepared is the: a. Balance Sheet b. Statement of Stockholders' Equity c. Income Statement d. Statement of Cash Flows