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Deferred revenues: a. At the end of one accounting period often result in cash receipts from customers in the next period. b. At the end
Deferred revenues: a. At the end of one accounting period often result in cash receipts from customers in the next period. b. At the end of one accounting period often result in cash payments in the next period. c. Are also called accrued revenues d. Are recorded at the end of an accounting period for revenues earned because cash has already been received
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