Listed Below Are Five Terms Followed by a List of Phrases

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Deferred revenue

A) Cash received from a customer for goods or services to be provided in a future period.
B) Accumulated net income less dividends since the inception of the corporation.
C) Converting cash to inventory to receivables to cash.
D) Cash paid in advance for a cost of the company.
E) Amounts invested by shareholders in the corporation.