Question: Select the answer below which makes this statement true: Unearned revenue is a(n) (A) account, and carries a normal (B) balance. (A) revenue;

Select the answer below which makes this statement true: Unearned revenue is a(n) (A) __________ account, and carries a normal (B) __________ balance.

(A) revenue; (B) credit
(A) liability; (B) credit
(A) asset; (B) credit
(A) equity; (B) debit

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Question: Select the answer below which makes this statement true: Unearned revenue is a(n) (A) __________ account, and carries a normal (B) __________ balance. (A) revenue;

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Students Have Also Explored These Related Accounting Questions!

Question: Select the answer below which makes this statement true: Unearned revenue is a(n) (A) account, and carries a normal (B) balance. (A) revenue;