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02-01-2023
Business

Answered

Cash received in advance from clients for legal services is recorded in unearned revenue. the end-of-period adjusting entry to record the portion of revenue that has been earned is: multiple choice debit cash and credit legal revenue. debit cash and credit unearned revenue. debit unearned revenue and credit legal revenue. debit legal revenue and credit unearned revenue. debit unearned revenue and credit accounts receivable.

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