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

• A) Liability and credit
• B) Asset and credit
• C) Revenue and debit
• D) Asset and debit

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Definitions:

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PET Scan

Positron Emission Tomography, a type of medical imaging that helps reveal how tissues and organs are functioning by detecting radioactive substances.