Question: 3 . LO 4 . 2 Identify the type for each of these transactions. Choose accrued revenue, accrued expense, deferred revenue, or deferred expense. A

3. LO 4.2 Identify the type for each of these transactions. Choose accrued revenue, accrued
expense, deferred revenue, or deferred expense.
A. rent paid in advance for use of property
B. cash received in advance for future services
C. bill received for utilities expense
D. fees earned but not yet collected
Solution
A.
B.
C.
D

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