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Assuring unearned revenues are originally recorded in balance sheet accounts, the adjusting entry to record earning of unearned revenue is: O Increase an asset: increase

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Assuring unearned revenues are originally recorded in balance sheet accounts, the adjusting entry to record earning of unearned revenue is: O Increase an asset: increase revenue. O Increase an expense: decrease an asset. Increase an expense: increase a liability O Decrease a liability increase revenue. O Increase an expense decrease a liability

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