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Peter Norris is a lawyer. Peter requires a client to pay him a $5,000 retainer up front before any work is done. The work will

Peter Norris is a lawyer. Peter requires a client to pay him a $5,000 retainer up front before any work is done. The work will be done in the next accounting period. To Peter, in the current accounting period, this is an example of a(n): Select one: prepaid expense unearned revenue accounts receivable accounts payable

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