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Suppose there is an unearned revenue of OMR 1,000 in the accounting records of a company. Which of the following transactions causes a decrease in
Suppose there is an unearned revenue of OMR 1,000 in the accounting records of a company. Which of the following transactions causes a decrease in unearned revenue?
a.
Purchase of products from the supplier
b.
Payment of cash to the creditor
c.
Provision of products or service to the customer
d.
Receipt of cash from the customer
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