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When combined with human error, ________ hazards account for about one in four vehicle crashes.
Accounts Receivable
Receivables from clients to a corporation for products delivered or services rendered without payment.
Unearned Subscription Revenue
Unearned subscription revenue represents money received by a company for subscriptions or services not yet provided or delivered, recognized as a liability until the service is fulfilled.
Unearned Rent
Income received by a landlord for a period of rent not yet occurred; it's considered a liability until the service period passes.
Adjusting Entry
An accounting journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate years, ensuring financial statements are accurate.
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