Multiple Choice
Unearned revenue is classified as a(n) :
A) asset account.
B) revenue account.
C) contra revenue account.
D) liability.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: As prepaid expenses expire with the passage
Q81: On August 15, 2022, Kinney Industries signs
Q82: When closing entries are prepared, each income
Q83: The trial balance for Greenway Corporation appears
Q84: The worksheet is:<br>A)part of the journal.<br>B)a financial
Q85: Wang Company had the following transactions during
Q88: The accounts of a business, before an
Q89: The trial balance for Greenway Corporation appears
Q90: Under the accrual basis of accounting:<br>A)cash must
Q91: Accrued revenues are revenues that have been