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Home Interview Accounting and Finance See What Others Are Saying!
  • Question
  • Unearned revenue is classified as


  • Options
  • A. Liability
  • B. Owner's equity
  • C. Asset
  • D. Income

  • Correct Answer
  • Liability 

    Explanation

    Unearned revenue is the money or revenue earned for the product or the service that is not yet sold or provided to the customer. Hence, it comes under liabilities.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

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    • Options
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    • Options
    • A. 1677
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    • Options
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