menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 3
  4. Exam
    Exam 4: Adjusting the Accounts and Preparing Financial Statements
  5. Question
    What Type of Account Is Unearned Income
Solved

What Type of Account Is Unearned Income

Question 28

Question 28

Multiple Choice

What type of account is unearned income?


A) Liability
B) Income
C) Expense
D) Asset

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q23: ABC collects rents from several properties. Prior

Q24: The two main accounting assumptions that underpin

Q25: Under the cash approach to profit measurement

Q26: The office supplies inventory account is a/an:<br>A)

Q27: Newark Company purchased a machine for $35

Q29: Which statement relating to the accumulated depreciation

Q30: The cash approach to profit measurement will

Q31: Right Style received a $1000 advance payment

Q32: Michael purchased two vehicles for his business

Q33: The primary basis for the classification of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines