31. When a customer gives you an advance payment, you will decrease the deferred revenue account. As you deliver goods or services, your deferred revenue account will increase. Answers FalseTrue Previous Share the love Share this content Opens in a new window Opens in a new window Opens in a new window Opens in a new window Opens in a new window Opens in a new window You Might Also Like Week 5 – Find and apply for cybersecurity jobs Week 3 – Computer vision Week 2 – Business intelligence tools and techniques Leave a Reply Cancel replyCommentEnter your name or username to comment Enter your email address to comment Enter your website URL (optional) Save my name, email, and website in this browser for the next time I comment.