True Or False?  The entry to record a cash receipt from a customer when the service is to be provided in a future period involves a debit to an unearned revenue account.

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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True Or False? 

The entry to record a cash receipt from a customer when the service is to be provided in a future period involves a debit to an unearned revenue account.

 

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