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What Type of Account Is Unearned Revenue and What Is

question 52

Essay

What type of account is Unearned revenue and what is its normal balance?
A) Liability and credit
B) Asset and credit
C) Revenue and debit
D) Asset and debit


Definitions:

Nucleus Pulposus

The inner core of the vertebral disc, composed of a jelly-like material that provides the disc with its ability to absorb shock and maintain spinal flexibility.

Spinous Process

The spinous process is a bony projection off the posterior (back) of each vertebra, which muscles and ligaments attach to.

Inferior Projection

A downward anatomical direction or extension from a main structure.

Vertebrae

are the series of small bones forming the backbone, providing support and protecting the spinal cord.

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