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Unearned revenues are: Multiple Choice Increases to equity. Recorded as an asset in the accounting records. Revenues that have been earned but not yet collected
Unearned revenues are:
Multiple Choice
Increases to equity.
Recorded as an asset in the accounting records.
Revenues that have been earned but not yet collected in cash.
Revenues that have been earned and received in cash.
Liabilities recorded when customers pay in advance for products or services.
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