Which of the following accounts is a liability? a. Accounts Receivable b. Service Revenue c. Unearned Revenue

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Which of the following accounts is a liability?

a. Accounts Receivable

b. Service Revenue

c. Unearned Revenue

d. Prepaid Rent Expense

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Horngrens Financial And Managerial Accounting The Managerial Chapters

ISBN: 9781292412337

7th Global Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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Question Posted: Feb 02, 2024 05:00 AM

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Which of the following accounts is a liability? a. Accounts Receivable b. Service Revenue c. Unearned Revenue

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The correct answer is c Unearned Revenue Let me explain why A liability in accounting is so...View the full answer

Horngrens Financial And Managerial Accounting The Managerial Chapters

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