74.0k views
2 votes
An alternative approach to recording unearned revenue would be to ______ when cash is collected from a customer in advance of providing goods and services.

User Thomdask
by
5.3k points

1 Answer

3 votes

Answer:

The correct response will be "Credit sales revenue".

Step-by-step explanation:

  • Net credit sales would be costs that come by someone with an individual or attribute which enables on account receivables, minus the cost gross sales as well as sales pension contributions.
  • Net loan transactions don't include any transactions about which money changes hands in cashback rewards.

So that the above would be the correct approach.

User Cmdematos
by
5.0k points