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When, at the end of an arcounting period, a revenue has been recognized in the financial statements but no billing nas occurred and no cash

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When, at the end of an arcounting period, a revenue has been recognized in the financial statements but no billing nas occurred and no cash has been received, the accrual is to: 1) deferred revenue, an asset. 2) unbilled (accrued) revenue, an asset. 3) unbilled (accrued) revenue, a liability. Saved Question 2 (1 point) TRR Enterprises sold products to customers on 30 June 2006 for a total price of $10,000 The terms of the sale are that payment is due in 30 days. The cost of the products was $8,000. The most likely net change in TRR's total assets on 30 June 2006 related to this transaction is: O 18$0. 2) $2,000. 3) $10,000

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