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.A company fails to recognize revenue for services per- formed but not yet received in cash or recorded. Which of the following accounts are involved
.A company fails to recognize revenue for services per- formed but not yet received in cash or recorded. Which of the following accounts are involved in the adjusting entry: (a) asset, (b) liability, (c) revenue, or (d) expense? For the accounts selected, indicate whether they would be debited or credited in the entry.
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