Question 34 1 pts Cash received in advance of providing a service or product should initially be recognized with a: Credit to revenue Debit to unearned revenue. Debit to revenue payable. Debit to revenue Credit to unearned revenue. 1 pts Question 35 A note receivable discounted with recourse is: Sold to a bank and the bank assumes liability All of the choices are correct responses An outright"as is" sale of a note receivable to a bank. Not disclosed because the bank is liable for the note. A contingent liability