The Adjusting Entry for Unearned Revenue Always Involves A

question 69

Multiple Choice

The adjusting entry for unearned revenue always involves a:

• A) debit to a revenue account and a credit to a liability account
• B) debit to a liability account and a credit to a revenue account
• C) debit to an asset account and a credit to a liability account
• D) debit to an asset account and a credit to a revenue account

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