Question: How will FFU record the April 12 transaction? a) no entry is needed O b) increase both Cash and Deferred Revenue, $100 O c) increase

How will FFU record the April 12 transaction? a) no entry is needed O b) increase both Cash and Deferred Revenue, $100 O c) increase both Cash and Service Revenue, $100 O d) increase both Accounts Receivable and Deferred Revenue, $100 O e) increase both Accounts Receivable and Service Revenue, $100

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