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On May 31, 2023, XYZ Company received $54,000 cash from a customer as payment for services to be performed over the next 16 months.
On May 31, 2023, XYZ Company received $54,000 cash from a customer as payment for services to be performed over the next 16 months. Calculate the amount of unearned revenue that would appear in XYZ Company's December 31, 2023 balance sheet.
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Introduction to Governmental and Not for Profit Accounting
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
7th edition
9780132776073, 132776014, 978-0132776011
