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A company received a $ 6 , 5 0 0 deposit from a customer for goods to be delivered the following month. Under the accrual
A company received a $ deposit from a customer for goods to be delivered the following month. Under the accrual and cash basis of accounting respectively, the account credited is a
Accrual basis Cash basis
Select answer from the options below Incorrect!
liability liability
liability revenue
revenue liability
revenue revenue
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