Multiple Choice
Match the following types of adjustments with the appropriate transactions.
-Unearned revenue
A) Used to record wages owed, but not yet paid.
B) Used to record revenue earned for which cash was received in advance.
C) Used to record revenue earned for which cash has not been received.
D) Used to record expiration or use of prepaid insurance.
Correct Answer:

Verified
Correct Answer:
Verified
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