Question

The unearned revenue account is listed in
the​

Answer 1

Answer:

Unearned revenue is usually disclosed as a current liability on a company's balance sheet. This changes if advance payments are made for services or goods due to be provided 12 months or more after the payment date. In such cases, the unearned revenue will appear as a long-term liability on the balance sheet.

Answer 2

Unearned revenue is usually disclosed as a current liability on a company's balance sheet. This changes if advance payments are made for services or goods due to be provided 12 months or more after the payment date. In such cases, the unearned revenue will appear as a long-term liability on the balance sheet.