menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 3: The Adjusting Process
  5. Question
    Unearned Revenue Would Be Classified as A(n)________ Account
Solved

Unearned Revenue Would Be Classified as A(n)________ Account

Question 44

Question 44

Multiple Choice

Unearned revenue would be classified as a(n) ________ account.


A) liability
B) asset
C) revenue
D) equity

Correct Answer:

verifed

Verified

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

Related Questions

Q39: In the case of Unearned revenue,the cash

Q40: Which of the following situations would result

Q41: An adjusting entry that credits Salaries payable

Q42: Lucent Electrical Repair performs services costing

Q45: A company received $5,000 for 100 one-year

Q46: In the case of Unearned revenue,the adjusting

Q47: An example of an interim accounting period

Q48: Below is the adjusted trial balance

Q49: In the case of a prepaid expense,the

Q125: Under cash basis accounting,revenue is recorded when

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