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    Fundamentals of Financial Accounting Study Set 5
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    Exam 10: Reporting and Interpreting Liabilities
  5. Question
    Unearned Revenue Is Recorded as an Asset Until the Revenue
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Unearned Revenue Is Recorded as an Asset Until the Revenue

Question 63

Question 63

True/False

Unearned revenue is recorded as an asset until the revenue has been earned.

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