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Big Furniture Store Inc sells service contracts. The contract states Big Furniture will perform specific repairs on covered appliances. The contracts vary in length from
Big Furniture Store Inc sells service contracts. The contract states Big Furniture will perform specific repairs on covered appliances. The contracts vary in length from 12 to 36 months. As the contract obligations are realized, what occurs to each account
Deferred Revenue | Service Revenue |
- A.
Increase
Increase
- B.
Decrease
Increase
- C.
Decrease
Decrease
- D.
Increase
Decrease
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