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A business has an income Received in advance figure of 2,500 reflected in their financial statements. What does this figure indicate? Select one: a. An

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A business has an income Received in advance figure of 2,500 reflected in their financial statements. What does this figure indicate? Select one: a. An amount which the business has earned, but which has not yet been received. b. An amount which the business has received prior to the goods or services being delivered c. An amount which the business has paid in advance of it being due. d. An expense which the business has not yet pald

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