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What is the effect of the December 3 1 adjusting entry to record $ 4 0 0 of revenues earned but not yet collected? Multiple
What is the effect of the December adjusting entry to record $ of revenues earned but not yet collected?
Multiple Choice
Accounts Recelvable should be increased by $ and Sales Revenue should be increased by $
Unearned Revenue should be increased by $ and Sales Revenue should be decreased by $
Accounts Recelvable should be increased by $ and Unearned Revenue should be increased by $
Cash should be decreased by $ and Sales Revenue should be increased by $
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