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Unearned revenue is an obligation to provide goods or services to the customer yes or no...

Unearned revenue is an obligation to provide goods or services to the customer

yes or no ?

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Answer #1

Solution:

Yes.

Unearned revenue is an obligation to provide goods or services to the customer.

Unearned revenue referes to the amount which is received in advance for gooods or services to be provided in future.

Hence the statemnet is correct.

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