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Assume Idaho Company recorded an adjusting entry by debiting unearned revenue $3,200 and crediting service revenue $3,200. Which of the following provides the rationale for

Assume Idaho Company recorded an adjusting entry by debiting unearned revenue $3,200 and crediting service revenue $3,200. Which of the following provides the rationale for making this adjusting entry? Group of answer choices Services were provided to customers who previously paid the company in advance. The unearned revenue account needed to be adjusted to reflect the amount still owed by customers. More gift cards were issued to customers. Customers demanded a refund of deposits previously made

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