When a magazine sells subscriptions to customers, it is an example of
a. an accrued liability transaction
b. an accrued receivable transaction
c. a prepaid expense transaction
d. an unearned revenue transaction
Ans: d. an unearned revenue transaction
Business
You might also like to view...
Smart devices require lesser bandwidth and consume less energy
Indicate whether the statement is true or false
Business
Refer to the information above. The unit cost per can of soup transferred to the finished goods warehouse during March was:
A. $0.05. B. $0.42. C. $0.37. D. $1.71.
Business