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A liability created by the receipt of cash from customers in payment for products or services that have not yet been delivered to the customers

A liability created by the receipt of cash from customers in payment for products or services that have not yet been delivered to the customers is:

.

a

Recorded as a credit to an unearned revenue account.

b

Recorded as a credit to a prepaid expense account.

c

Recorded as a debit to an unearned revenue account

d

Recorded as a debit to a prepaid expense account.

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