Question
Unearned Revenue appears: A. As a part of the retained earnings. B. As income on the income statement. C. As a liability on the balance
Unearned Revenue appears:
A. As a part of the retained earnings.
B. As income on the income statement.
C. As a liability on the balance sheet.
D. As an asset on the balance sheet.
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Financial Accounting Concepts And Applications
Authors: K. Fred Skousen, James D. Stice, Earl Kay. Stice, W. Steve Albrecht
7th Edition
0538876255, 978-0538876254
