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The proper adjusting entry to record income earned on a contract for which the customer has previously prepaid in full is: a.Unearned/deferred revenue xx Cash

The proper adjusting entry to record income earned on a contract for which the customer has previously prepaid in full is:

a.Unearned/deferred revenue xx

Cash xx

b.Cash xx

Unearned/deferred revenue xx

c.Revenue xx

Unearned/deferred revenue xx

d.Unearned/deferred revenue xx

Revenue xx

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