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If cash is received from customers in payment for services that have not yet been performed, the business would record the cash receipt as: Multiple
If cash is received from customers in payment for services that have not yet been performed, the business would record the cash receipt as:
Multiple Choice
A credit to a prepaid expense account.
A debit to a prepaid expense account.
A credit to an unearned revenue account.
A credit to accounts payable.
A debit to an unearned revenue account.
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