If cash is received from customers in payment for products or services that have not yet been delivered to the customers, 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. No entry is required at the time of collection.

Answer rating: 100% (QA)

Option c is the answer Cash rec... View the full answer