Receiving assets from customers before services are performed results in:

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Receiving assets from customers before services are performed results in unearned revenues, which is a liability account that represents the obligation to provide the service in the future. This is because the company has not yet earned the revenue by performing the service, so it cannot be recognized as Service Revenue yet. Prepaid Assets relate to paying for expenses before they are incurred, while Accounts Receivable is the result of providing services on credit and not immediately receiving payment.

Receiving Assets from Customers Before Services Are Performed Results In