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Smith co has unearned revenues. Which statement regarding smith co unearned revenue is true? A. Unearned revenues are rarely reported on financial statements. B. Unearned

Smith co has unearned revenues. Which statement regarding smith co unearned revenue is true? A. Unearned revenues are rarely reported on financial statements. B. Unearned revenues are not related to cash collections. C. Unearned revenues are reported on the income statement. D. Unearned revenues represent cash received from customers for services provided E. None of the above

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