Unearned Revenues Are

question 122

Multiple Choice

Unearned revenues are:

• A)Revenues that have been earned and received in cash.
• B)Revenues that have been earned but not yet collected in cash.
• C)Liabilities created when a customer pays in advance for products or services before the revenue is earned.
• D)Recorded as an asset in the accounting records.
• E)Increases to retained earnings.

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Definitions:

RemoveObject Method

Not a specific method; however, in many programming languages, methods exist to remove objects from a collection or data structure.

ArrayList Class

A resizable array implementation of the List interface in Java, providing methods to manipulate the size of the array that holds the elements.

Generic Class

A class with one or more type parameters that enables it to operate on objects of various types while providing compile-time type safety.

Base Types

The fundamental data types from which other, more complex types can be constructed, similar to primitive types.