Question
Which of the following is a liability created when a company receives cash for services to be provided in the future? Your Answer: Unearned revenue
Which of the following is a liability created when a company receives cash for services to be provided in the future?
Your Answer: Unearned revenue
Accrued liability
Service revenue
Estimated warranty payable
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Accounting Principles Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
9th Canadian Edition
978-1119786818, 1119786819
