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Recording revenue before it is collected is an example of: (a) a prepaid expense transaction; (b) a deferred revenue transaction; (c) an accrued liability transaction;
Recording revenue before it is collected is an example of:
(a) a prepaid expense transaction;
(b) a deferred revenue transaction;
(c) an accrued liability transaction;
(d) an accrued receivable transaction; or
(e) none of the above.
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