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6-It sometimes happens that a business receives advance sums of money for services it has not yet rendered. This is particularly the case for certain
6-It sometimes happens that a business receives advance sums of money for services it has not yet rendered. This is particularly the case for certain subscriptions. In financial accounting, this situation gives rise to:
A-Prepaid charge B-none of the above C-Deferred income D-Product to receive E-Charge to pay
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