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estion 1 4 points Save Answer An automobile dealer sells service contracts. The contracts stipulate that the dealer will make specific repairs to the

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estion 1 4 points Save Answer An automobile dealer sells service contracts. The contracts stipulate that the dealer will make specific repairs to the covered vehicles. The contracts vary in length from 12 months to 36 months, depending on the price customers pay. When the servce contracts are sold, how are each of the following accounts affected? COA Deferred revenue Service revenue Yes Yes OR Deferred revenue Service revenue Yes No OC Deferred revenue Service revenue No No OD Deferred revenue Service revenue No Yes

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