Unearned Revenue Is a Prepayment That Requires an Adjusting Entry

question 249

True/False

Unearned revenue is a prepayment that requires an adjusting entry when services are performed.

---

Definitions:

Labeled Points

In data science, points that are tagged with a label or value, often used in supervised learning.

Data

Facts and statistics collected together for reference or analysis.

Scatterplot

A type of graph that shows values for two variables for a set of data using dots, helping to visualize the relationship between them.

Points

In various contexts, can refer to units of measurement that define value or position, such as in games, scoring systems, or geographical locations.