In a deferral adjustment, the expense or revenue is recognized after the cash is paid or received.
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Q41: If deferred revenue has been earned by
Q52: The term deferral refers to an event
Q53: An expense that is paid in advance
Q54: Which term refers to the allocation of
Q55: The three basic categories of adjusting entries
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Q98: Unearned revenue is a(n):
A) asset account.
B) liability
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