Question Completion Status: QUESTIONS Identify the statement below that is correct e A. When a future expense is paid in advance, the payment is normally recorded in a liability account called Prepaid Expense B. Accounts receivable are held by a seller and are promises of payment from customers to sellers. C. Increases and decreases in cash are always recorded in the common stock account D. An account called Land is commonly used to record increases and decreases in both the land and buildings owned by a business E. Accrued liabilities include accounts receivable QUESTION 6 PCF Company provides maintenance services to clients. On May 1, a customer paid PCF $65,000 for 6 months services in advance. PCF'S general journal entry to record this transaction will include a A. Debit to unearned revenue of $65,000 B. Debit to accounts receivable for $65.000 C. Credit to Cash for $65,000 D. Credit to unearned revenue for $65.000 E. Credit to Accounts Receivable for $65,000 Click Save and submit to Click to Tosuers