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Question 3 5 pts A company received $7,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include

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Question 3 5 pts A company received $7,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include a The company uses a liability account for revenue received in advance. O Credit to Uneared Revenue for $7,000 O Debit to Prepaid Expenses for $7,000 O Credit to Accounts Payable for $7,000 O Debit to Note Payable for $7,000

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