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Author Question: The Unearned revenue account represents the cash collected from customers in advance of performing ... (Read 151 times)

Marty

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The Unearned revenue account represents the cash collected from customers in advance of performing the service or delivering the goods.
 
  Indicate whether the statement is true or false

Question 2

Money market accounts, commercial paper, and U. S. Treasury bills are examples of cash equivalents.
 a. True
  b. False
 
   Indicate whether the statement is true or false



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strudel15

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Answer to Question 1

TRUE

Answer to Question 2

True




Marty

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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