00:01
Hello students, we are given a question here.
00:02
If cash is received from customers in payment for services that have not yet been performed, the business would record the cash received as.
00:13
Okay, so we are supposed to know that here, since cash is received, cash is debited.
00:19
We can write here since cash is received, students, cash is debited, debited, and and as the products or services and as the product, students product or services are not delivered, or services, students are not delivered.
00:53
We cannot recognize the, we cannot, students, we cannot recognize the revenue.
01:06
The revenue and as well as therefore therefore it is recorded to an it is a recorded to an unerred revenue okay students to an unearned revenue okay students so now we will go to the option so here we can say that a debit to an unearned revenue account no it is not correct a debit to a prepaid expense account is also wrong.
01:41
A credit to an unearned revenue account...
