The account Unearned Revenue is a revenue account.

Name: The account Unearned Revenue is a revenue account.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Unearned Revenue is a liability account, not a revenue account. It represents money that has been received from customers, but the related goods or services have not yet been delivered. The revenue will be recognized as the goods or services are delivered, and the liability account will decrease.

The Account Unearned Revenue Is a Revenue Account