FIND THE ANSWERS

1. Explain why Unearned Revenue is a liability account and why it has to be adjusted.?

Answer this question

Do you know the correct answer? Make money answering questions! Join now.
  • 1. Explain why Unearned Revenue is a liability account and why it has to be adjusted.?


Answers

Is Unearned Revenue an Asset or a Liability? Unearned revenue is a ... The unearned revenue account is ... Western has not yet earned the revenue, ...
Read more
Positive: 64 %
1. Explain why Unearned Revenue is a liability account and why it has to be adjusted.? ... Unearned Revenue is a liability account. ...
Read more
Positive: 61 %

More resources

Adjusting entries for prepayments are ... to record the amount in an unearned revenue liability account. ... Unearned Revenue $1 ...
Read more
Positive: 64 %
You will understand why unearned revenue accounts are ... as unearned revenue. (1) ... unearned revenue account is a liability of the ...
Read more
Positive: 59 %
This lesson will explain the concept of unearned revenue and how it ... Unearned Revenue in Accounting: Definition ... the company has earned 1/12 of ...
Read more
Positive: 45 %
What is accrued revenue? Accrued revenue is a sale that has been recognized by the seller, ... What in unearned revenue?
Read more
Positive: 22 %

Show more results