XYZ Company collected $91,800 in June of 2019 for 9 months of service which would take...

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XYZ Company collected $91,800 in June of 2019 for 9 months of service which would take...

XYZ Company collected $91,800 in June of 2019 for 9 months of service which would take place from October of 2019 through June 2020. What is the adjusting entry need for the balance sheet?

Increase Cash / Increase Deferred Revenue

Increase Cash / Increase Revenue

Decrease Unearned Revenue / Increase Revenue

Decrease Unearned Revenue / Decrease Expense

business accounting

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Answer 1

Answer #1

Font Conditional Format Cell Formatting as Table Styles Styles Insert Delete For Number B140 A B D Correct Option Ci.e. Decre

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XYZ Company collected $91,800 in June of 2019 for 9 months of service which would take...

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