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  3. Study Set
    Financial Accounting Reporting Analysis
  4. Exam
    Exam 9: Reporting and Analysing Liabilities
  5. Question
    The Account 'Revenue Received in Advance' Is Properly Treated as A/an
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The Account 'Revenue Received in Advance' Is Properly Treated as A/an

Question 71

Question 71

Multiple Choice

The account 'Revenue received in advance' is properly treated as a/an:


A) asset.
B) liability.
C) revenue.
D) payment to shareholders.

Correct Answer:

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