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  3. unearned revenues are: multiple choice liabiliti

Unearned revenues are: Multiple Choice Liabilities recorded when customers pay in advance for...

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Accounting

Unearned revenues are:
Multiple Choice
Liabilities recorded when customers pay in advance for products or services.
Revenues that have been earned and received in cash.
Recorded as an asset in the accounting records.
Revenues that have been earned but not yet collected in cash.
Increases to equity.

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