A. Concert tickets sold for tonight”s performance. ANS: A DIF: Moderate OBJ: 03-01 NAT: AACSB Analytic | AICPA FN-Measurement 23. Which of the

A. Concert tickets sold for tonight”s performance. ANS: A DIF: Moderate OBJ: 03-01 NAT: AACSB Analytic | AICPA FN-Measurement 23. Which of the following is considered to be unearned revenue? A. Concert tickets sold for tonight”s performance. B. Concert tickets sold yesterday on credit. C. Concert tickets that were not sold for the current performance. D. Concert tickets sold for next month”s performance. ANS: D DIF: Difficult OBJ: 03-01 NAT: AACSB Analytic | AICPA FN-Measurement 24. Which of the following is an example of accrued revenue? A. Swimming pool cleaning that has been for three months in advance. B. Swimming pool cleaning that has been provided but has not been billed or paid. C. An agreement has been signed for swimming pool cleaning for the next three months. D. Swimming pool cleaning that has been provided and paid on the same day. ANS: B DIF: Moderate OBJ: 03-01 NAT: AACSB Analytic | AICPA FN-Measurement 25. Which of the following is considered to be an accrued

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