
Errors in D102 module quiz?
I'm not sure if I'm reading the question incorrectly, but I'm pretty sure the two sentences that I circled contradict each other. Can someone explain this? The question following this one with a similar format also said that a company receiving cash in advance for rent recorded it as a liability, yet the answer that I chose (which was correct) was a corresponding entry of credit to rent revenue. It's either I'm not understanding the material or there were some errors in this quiz.