Unearned Service Revenue is a revenue account.
举一反三
- Unearned revenue is a revenue account.
- Unearned revenue is a revenue account. A: 正确 B: 错误
- Unearned revenue is a (n) account. ( ) A: revenue B: expense C: liability D: asset
- Unearned Revenue is classified as a(n) ________ account. A: liability B: asset C: revenue D: equity
- In the case of unearned revenue, the adjusting entry at the end of the period includes a credit to Service Revenue. Assume the unearned revenue is initially recorded as a liability.