liability
Unearned Revenue is a liability account.
debit unearned incomecredit services liability
Unearned Revenue is a Liability Account
yes
liability
Unearned Revenue is a liability account.
debit unearned incomecredit services liability
Unearned Service Revenue is a Liability account.
Unearned Revenue is a Liability Account
yes
Unearned revenue is liability until it is earned and shown under liability side of balance sheet.
Unearned Service Revenue is a Liability account.
What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements Is a church a company that could have unearned revenue?
no
Liability account.
A liability.