Anonymous
Anonymous asked in Business & FinanceOther - Business & Finance · 2 years ago

Does unearned revenue as a liability account go on the balance sheet?

2 Answers

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  • Don G
    Lv 7
    2 years ago
    Favorite Answer

    Of course. All Asset and Liability accounts go on the Balance Sheet.

  • 2 years ago

    The credit balance on the unearned revenue account is a balance sheet liability indicating that the business has an obligation to provide the customer with services.

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