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Which of the following is false?
Accounts Receivable
Accounts receivable from clients for merchandise or services supplied but payment not received.
Unearned Revenue
Money received by a company for goods or services yet to be provided, recorded as a liability on the balance sheet until earned.
Accounts Receivable
Unpaid amounts due to a company from its clients for delivered or utilized goods or services awaiting payment.
Land
It refers to the earth's surface extending downward to the center and upward to infinity, including permanently attached natural objects, and is considered a non-depreciable asset in accounting.
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