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    Financial Accounting Tools Study Set 4
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    Exam 4: Accrual Accounting Concepts
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    Adjustments for Unearned Revenue
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Adjustments for Unearned Revenue

Question 12

Question 12

Multiple Choice

Adjustments for unearned revenue:


A) decrease liabilities and increase revenues.
B) increase liabilities and increase revenues.
C) increase assets and increase revenues.
D) decrease revenues and decrease assets.

Correct Answer:

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