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QUESTION

Accrued revenue on the books of one company is likely to be: A) An accrued revenue on the books of the company that will make future payment.

Accrued revenue on the books of one company is likely to be:

A) An accrued revenue on the books of the company that will make future payment.

B)An unearned revenue on the books of the company that will make future payment.

D) a prepaid expense on the books of the company that will make future payment.

E) an accrued expense on the books of both companies.

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