Business, 27.11.2019 00:31 infoneetusinghoyg22o

In a deferral adjustment for revenues collected in advance that are now earned, a) the liability recorded when cash was received is decreased by the adjustment for the revenue being earned b) a liability is increased because cash will be paid for an expense in the future the liability recorded c) when cash was received is increased by the adjustment for the revenue being earned d) a liability is decreased because cash is being paid for an expense incurred at the time of the adjustment

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In a deferral adjustment for revenues collected in advance that are now earned, a) the liability re...

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