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Which statement about receptors is false ?
Unearned Revenues
Income received by a company for goods or services to be provided in the future, which is recorded as a liability until earned.
Liabilities
Financial obligations or debts owed by a business or individual to creditors.
Revenue Earned
Income a company receives from its normal business activities, usually from the sale of goods and services to customers.
Financial Statements
Documents that summarize the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.
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