A business receives $40,000 for services that will perform over the next four months. Which...

60.1K

Verified Solution

Question

Accounting

image

A business receives $40,000 for services that will perform over the next four months. Which of the following accounts is credited? A. Accounts Payable B. Cash C. Unearned Revenue D. Service Revenue

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students