Question: If a business has received cash in advance of services being performed and credits a liability account, the adjusting entry needed after the services are

If a business has received cash in advance of services being

If a business has received cash in advance of services being performed and credits a liability account, the adjusting entry needed after the services are performed will be O debit Unearned Revenue and credit Accounts Receivable, de credit Unearned Revenue and debit Sales, O debit Unearned Revenue and credit Sales. debit Uncarned Revenue and credit Cash

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