When cash is received in advance of the seller providing the goods or services to its customers, a$($n$)$ Blank$\_\_\_\_\_\_$ called Blank$\_\_\_\_\_\_$ is recorded.

Multiple choice question.

asset; Accounts Receivable

stockholders' equity account; Accounts Receivable

liability; Deferred Revenue

asset; Deferred Revenue

liability; Accounts Receivable

stockholders' equity account; Deferred Revenue