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Question 1 5 ( 0 . 5 points ) If the cash is received before the related goods or services are delivered, which of the
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If the cash is received before the related goods or services are delivered, which of
the following will be recorded?
Deferred Revenue, a liability.
Accounts Receivable, an asset.
Preearned Revenue, which increases Retained Earnings.
Service Revenue, which increases Retained Earnings.
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