Emergency room treats a patient


For each of the following items, state whether each would be recorded as revenue or unearned liability. Include explanations for each.Target sells clothes to a customer using a credit card.Receive money from a customer for a two year magazine subscription.Sell tickets to a concert scheduled of July 4th.Emergency room treats a patient with a broken leg. Insurace company has yet to pay.Caterer receives a deposit for a June wedding.

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Accounting Basics: Emergency room treats a patient
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