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Which of the following situations results in deferred revenue? Received an order from a customer who will purchase and pay for goods in two weeks.
Which of the following situations results in deferred revenue?
Received an order from a customer who will purchase and pay for goods in two weeks.
Collected $ from a customer who purchased goods a month ago.
Received $ cash from a customer for an order of goods to be shipped next month.
Sold goods for $ today with payment due from the customer in days.
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