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InstaChat Company performs $ 4 0 , 0 0 0 of services for customers that had paid for those services in the prior accounting period.

InstaChat Company performs $40,000 of services for customers that had paid for those services in the prior accounting period. This will
increase CASH and decrease UNEARNED REVENUE increase CASH and increase ACCOUNTS RECEIVABLE increase CASH and increase UNEARNED REVENUE decrease UNEARNED REVENUE and increase REVENUE increase ACCOUNTS RECEIVABLE and increase REVENUE
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