Company that receives money in advance of performing service

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Reference no: EM13721590

A company that receives money in advance of performing a service

a. debits Unearned Service Revenue and credits Accounts Payable

b. debits Cash and credits Prepaid Insurance.

c. debits Cash and credits Accounts Receivable.

d. debits Cash and credits Unearned Service Revenue.

Reference no: EM13721590

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