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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 4: Adjustments,financial Statements,and the Quality of Earnings
  5. Question
    The Journal Entry to Adjust the Unearned Revenue Account When
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The Journal Entry to Adjust the Unearned Revenue Account When

Question 43

Question 43

True/False

The journal entry to adjust the unearned revenue account when revenues are earned results in an increase in assets and a decrease in liabilities.

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