When a business receives cash from customers before earning the revenue,the ________ account is credited.
A)Accounts Receivable
B)Sales Tax Payable
C)Accounts Payable
D)Unearned Revenue

Question

Quizplus · Accepted Answer

When a business receives cash from customers before earning the revenue, it is considered unearned revenue. Therefore, the Unearned Revenue account should be credited.

When a Business Receives Cash from Customers Before Earning the Revenue,the