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Unearned Service Revenue is a Liability account.
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Unearned revenue is classified as which type of the account?
contra account
What type of account is Unearned revenue and what its normal balance?
Unearned revenue is a liability account. It is revenue that is received in one fiscal period despite the fact that revenue is not earned until another fiscal period. Its normal balance is credit.
What type of account is unearned rent?
Liability account.
What type of revenue is reported in the other income section of the multiple step income statement?
unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues. unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues Looking after a customer, particularly a customer who places allot of business with you so that you keep and grow that business and the relationship you have with the customer (to stop them going
What type of account is unearned fees?
a paper in current assets in liability
What type of account is unearned revenue?
Unearned Service Revenue is a Liability account.
Unearned revenue is classified as which type of the account?
contra account
What type of account is Unearned revenue and what its normal balance?
Unearned revenue is a liability account. It is revenue that is received in one fiscal period despite the fact that revenue is not earned until another fiscal period. Its normal balance is credit.
What type of account is unearned rent?
Liability account.
What type of revenue is reported in the other income section of the multiple step income statement?
unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues. unearned service revenue is on the balance sheet not the income statement so the answer is nowhere. service revenue is on the income statement under revenues Looking after a customer, particularly a customer who places allot of business with you so that you keep and grow that business and the relationship you have with the customer (to stop them going
What type of account is unearned fees?
a paper in current assets in liability
What is the type of account and normal balance of unearned rent?
liability, credit
What type of account is the rent receivable account?
Revenue account
What type of account is a sales discount?
A sales discount account is a contra-revenue account.
When is revenue considered earned in a service type business?
when the service is performed
What is a revenue account?
A revenue account is a type of account that shows a company's income from the sale of its goods and services. It also shows all the expenses associated with those items.
Sales is what type of account?
Sales is a revenue account and has a credit balance as a normal balance.
