Entries that record cash collected before the revenues are earned are:
A)accrued revenues.
B)unearned revenues.
C)prepaid expenses.
D)accrued expenses.

Name: Entries that record cash collected before the revenues are earned are: A)accrued revenues. B)unearned revenues. C)prepaid expenses. D)accrued expenses.
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Question

Quizplus · Accepted Answer

Unearned revenues are liabilities that represent cash received before services are performed or goods are delivered.

Entries That Record Cash Collected Before the Revenues Are Earned