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Which accounts would appear in the financial statements

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Reference no: EM132953336

Problem 1: Which one of the following accounts would appear in the financial statements if revenue was recognized and recorded before the customer paid for the goods and/or services?

a) a debit to Accounts Receivable
b) a credit to Accounts Receivable
c) a debit to Unearned Revenue
d) a credit to Unearned Revenue

Reference no: EM132953336

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