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Business, 06.05.2021 05:50 yoyoyo42

One-third of the work related to $30,000 cash received in advance this period is performed. What is the correct entry to reflect this adjustment?
A Accounts receivable
Revenue
10,000
10,000
B. Revenue 10,000
Unearned revenue
10,000
C Cash 30,000
Accounts receivable
30,000
D. Cash 10,000
Revenue
10,000
E. Unearned revenue 10,000
Revenue
10,000

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Answers: 2

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One-third of the work related to $30,000 cash received in advance this period is performed. What is...
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