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Employee is terminated but caontinues to receive weekly pay checks what can a company do to get the unearned pay returned?
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∙ 12y ago
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What happens when your car insurance is cancelled by the insurance company?
What happens is that you get a new insurance policy, possibly with another insurer. Any unearned premium will be returned to you by your insurer.
What is Unearned fees and unearned revenue?
Unearned fee and unearned revenue is that amount which is received from client in advance but actual services are not provided yet to client.
Where does the unearned fees appear?
Unearned Fees appear on the
Unearned revenue is initially recognized with a?
credit to unearned revenue
On which financial statements can you find unearned revenue?
The keyword is "Unearned", because it is unearned it is a liability until after it is earned and is listed as such. Therefore, Unearned Revenue will be listed on financial statements that include "Liabilities".
What kind of account is unearned revenue?
Unearned Revenue is a liability account.
What is the journal entry for unearned income?
debit unearned incomecredit services liability
If a run scores in baseball on a walk-off error is it earned or unearned?
unearned
Why land rent is considered as an Unearned income?
land rent is an unearned income
Unearned revenue is a contra revenue account?
Unearned Revenue is a Liability Account
What type of account is unearned revenue?
Unearned Service Revenue is a Liability account.
What is the entry unearned revenue?
[Debit] Cash / bank [Credit] Unearned revenue
