Multiple Choice
If cash is received from customers in payment for services that have not yet been performed,the business would record the cash receipt as:
A) A debit to an unearned revenue account.
B) A debit to a prepaid expense account.
C) A credit to an unearned revenue account.
D) A credit to a prepaid expense account.
E) A credit to accounts payable.
Correct Answer:

Verified
Correct Answer:
Verified
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