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Gold Services sells travel insurance policies. The price for each insurance policy is $50, paid in advance. During October of the current year, ten travel
Gold Services sells travel insurance policies. The price for each insurance policy is $50, paid in advance. During October of the current year, ten travel insurance policies were sold for cash. The journal entry would be: OA. Unearned Revenue Service Revenue 500 500 OB. Cash Unearned Revenue 500 500 O C. Cash Service Revenue 500 500 OD. Unearned Revenue Cash 500 500
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