The company should convert the unearned revenue to revenue whenever it recongize its revenue.
举一反三
- The company should convert the unearned revenue to revenue whenever it recongize its revenue. A: 正确 B: 错误
- In the case of unearned revenue, the adjusting entry at the end of the period includes a credit to Service Revenue. Assume the unearned revenue is initially recorded as a liability.
- Unearned revenue is a revenue account.
- Unearned Service Revenue is a revenue account.
- Unearned revenue is a revenue account. A: 正确 B: 错误