Question: Which of the following transactions would result in a decrease in liabilities? O Collecting cash from a customer for services to be provided in the

Which of the following transactions would result in a decrease in liabilities? O Collecting cash from a customer for services to be provided in the future Adjustment of the unearned revenue account for revenue earned during the period Collecting cash from a customer for services previously performed on account O Paying cash to purchase a six-month insurance policy

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