When a company delivers a product or service for which a customer has previously paid,the company records the following:
A) A debit to a revenue account and a credit to a liability account.
B) A debit to a revenue account and a credit to an asset account.
C) A debit to an asset account and a credit to a revenue account.
D) A debit to a liability account and a credit to a revenue account.
Correct Answer:
Verified
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