Receipt of an unearned revenue
a. increases an asset; increases a liability.
b. increases an asset; increases a revenue.
c. decreases a revenue; increase stockholders' equity.
d. decreases a liability; increases stockholders' equity.
Answer: A
Receipt of an unearned revenue
a. increases an asset; increases a liability.
b. increases an asset; increases a revenue.
c. decreases a revenue; increase stockholders' equity.
d. decreases a liability; increases stockholders' equity.
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