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Jane Willis of Granby University asks her class to answer the following question: Unearned revenue is recorded when revenue will be both collected and earned
Jane Willis of Granby University asks her class to answer the following question: Unearned revenue is recorded when revenue will be both collected and earned in the future the business has collected cash, but not yet earned the revenue revenue has been collected and earned during the same accounting period the business has earned, but not collected, cash for the revenue
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