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Which of the Following Situations Results in Unearned Revenue

Question 37

Multiple Choice

Which of the following situations results in unearned revenue?


A) Collected $100 from a customer who purchased goods a month ago
B) Received an order from a customer who will purchase and pay for goods in two weeks
C) Sold goods for $100 today with payment due from the customer in 30 days
D) Received $100 cash from a customer for an order of goods to be shipped next month

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