Unearned revenue is a (n) account. ( )
A: revenue
B: expense
C: liability
D: asset
A: revenue
B: expense
C: liability
D: asset
C
举一反三
- Unearned Revenue is classified as a(n) ________ account. A: liability B: asset C: revenue D: equity
- What type of account is Unearned Revenue (asset, liability, stockholders’ equity, revenue, or expense) and what is its normal balance, respectively?
- Unearned Revenue is a ________ account and carries a ________ normal balance. A: liability; credit B: asset; credit C: revenue; debit D: asset; debit
- Adjusting entries are necessary so that asset, liability, revenue, and expense account balances are correctly recorded.
- Unearned revenue is reported in the financial statements as: A: A liability on the balance sheet. B: A revenue on the balance sheet. C: An unearned revenue on the income statement. D: An asset on the balance sheet.
内容
- 0
Unearned revenue is a revenue account.
- 1
Unearned Service Revenue is a revenue account.
- 2
Unearned revenue is reported in the financial statements as: A: A revenue on the balance sheet. B: A liability on the balance sheet. C: An unearned revenue on the income statement. D: An asset on the balance sheet. E: An operating activity on the statement of cash flows.
- 3
Unearned revenue is a revenue account. A: 正确 B: 错误
- 4
The increase of revenue should be ( ). A: debited to a revenue account B: debited to a expense account C: credited to a revenue account D: credited to a expense account