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I need these 2 questions done please Which ofthe following is true of unearned revenue? Both assets and revenue are increased when it is received.

I need these 2 questions done please

Which ofthe following is true of unearned revenue? Both assets and revenue are increased when it is received. Both assets and revenue are increased when it is earned. Assets are increased and liabilities are decreased when it is received. Assets are decreased and revenue is increased when it is earned. Both assets and liabilities are increased when it is received. Q15 Homework . Unanswered Which of the following transactions reduces total assets? O A Selling inventory O B Selling land for its cost O Paying for prepaid insurance O D Recording the receipt of a utility bill that will be paid next year O E Recording the entry for depreciation

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