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What is the correct entry of deferred revenue when it is received. a. Debit- AP, Credit-Unearned revenue b. Debit-AR, Credit-Unearned revenue c. Debit-Cash, Credit- Unearned
What is the correct entry of deferred revenue when it is received. a. Debit- AP, Credit-Unearned revenue b. Debit-AR, Credit-Unearned revenue c. Debit-Cash, Credit- Unearned revenue d. Debit- Unearned revenue, Credit- Cash Clear my choice
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Schaums Outline Of Theory And Problems Of Managerial Accounting
Authors: Jae K. Shim, Joel G. Siegel
0070573050, 978-0070573055
