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Exercise 3-5 (unearned revenue: the same principle applies as for prepaid expenses except unearned revenue is a liability. You do an original entry and then

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Exercise 3-5 (unearned revenue: the same principle applies as for prepaid expenses except unearned revenue is a liability. You do an original entry and then an adjusting entry recording revenue.) General Journal Credits ?.R. Debits Date Account Titles&Explanation

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