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    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
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    Unearned Revenue Arises from the Acceptance of Payment in Advance
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Unearned Revenue Arises from the Acceptance of Payment in Advance

Question 67

Question 67

True/False

Unearned revenue arises from the acceptance of payment in advance for a service to be performed.

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