The advance cash receipts of future revenues are called ________. A. accrued expenses B. accrued revenues C. deferred revenues D. deferred expenses
The advance cash receipts of future revenues are called ________. A. accrued expenses B. accrued revenues C. deferred revenues D. deferred expenses
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter14: Adjustments For A Merchandising Business
Section: Chapter Questions
Problem 3TF: The cash received in advance before delivering a product or performing a service is called unearned...
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The advance cash receipts of future revenues are called ________.
accrued expenses
accrued revenues
deferred revenues
deferred expenses
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