Which of the following companies would be most likely to have an unearned revenue account?
A)grocery store
B)department store
C)hotel chain
D)car dealership

Question

Quizplus · Accepted Answer

A hotel chain is most likely to have an unearned revenue account, as customers typically pay for their stay in advance before actually using the booked room. This creates a liability for the hotel, as they owe the customer the services they paid for, which will be provided at a later date.

Which of the Following Companies Would Be Most Likely to Have