Which of the following situations results in deferred revenue?
A) Collected $100 from a customer who purchased goods a month ago.
B) Received an order from a customer who will purchase and pay for goods in two weeks.
C) Sold goods for $100 today with payment due from the customer in 30 days.
D) Received $100 cash from a customer for an order of goods to be shipped next month.
Correct Answer:
Verified
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