From the list of accounts, determine whether the account is a temporary or permanent account. (Choices may be used more than once.)
-unearned revenue

Question

Quizplus · Accepted Answer

Unearned revenue is a liability account that represents revenue received before the services or goods are provided. It is a permanent account because its balance is carried forward into the next accounting period until the revenue is earned.

From the List of Accounts, Determine Whether the Account Is