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Using Cash-basis accounting, how do we analyze the following transaction? The business received $4,000 for a service due two months later, O a. Increase Asset

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Using Cash-basis accounting, how do we analyze the following transaction? The business received $4,000 for a service due two months later, O a. Increase Asset (Cash) and Decrease Liability (Unearned Revenue) O b. Increase Asset (cash) and increase Liability (Unearned Revenue) Oc Increase Asset (Cash) and increase OE(Revenue) Od. They don't record it

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