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If a business has received cash in advance of services performed and credits a ability account, the adjusting entry needed after the services are performed

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If a business has received cash in advance of services performed and credits a ability account, the adjusting entry needed after the services are performed will be: debit Uneared Service Revenue and credit Accounts Receivable. debit Unearned Service Revenue and credit Service Revenue. debit Uneared Service Revenue and credit Cash. debit Uneared Service Revenue and credit Prepaid Expense Click If you would like to show Work for this question Open Show Work

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