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Question 10 Not yet answered If ending accounts receivable balance more than the beginning accounts receivable balance Marked out of 1.50 P Flag question Select

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Question 10 Not yet answered If ending accounts receivable balance more than the beginning accounts receivable balance Marked out of 1.50 P Flag question Select one: a. Cash collections during the year are less than the amount of revenue recognized. b. Net Income for the period is less than the amount of cash basis income c. cash collections during the period more than the amount of revenue recognized d. No cash was collected during the period Question 11 Entry to record a receipt of rent revenue will include Not yet answered Marked out of 1.50 P Flag question Select one: a. Debit to Unearned Rent Revenue b. debit to Rent Revenue c. credit to Unearned Rent Revenue d. credit to Rent Revenue Question 12 The accrual basis recognizes revenue when earned. Not yet answered Select one: True Marked out of 1.00 False P Flag question Question 13 Entry to record Collection from accounts receivables will include a Not yet answered Marked out of 1.50 P Flag question Select one: a. credit to Accounts Receivable e b. Credit to cash c. Debit to Accounts Receivable d. Debit to Accounts Payable O

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