Unearned Revenue Is a Liability Account

question 62

True/False

Unearned Revenue is a liability account.

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Definitions:

Phonemes

The smallest units of sound in a language that are capable of conveying a distinct meaning.

Single Phoneme

The smallest unit of sound in a language that can distinguish one word from another.

Ed

An abbreviation often used for education, referring to the process of teaching, training, or learning to improve knowledge and develop skills.

Morphemes

The smallest units of meaning in a language, which can be words themselves or parts of words like prefixes.