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1. Unearned Revenue
2. Note Payable due in two years
unearned revenue will be record as current liability
number one : Unearned revenue
1. Unearned Revenue ........................................................................
Unearned Revenue is Current Liability
Unearned revenue
.................
the answer is unearned revenue because notes payable due in tow years belong to long term liabilities in most of companies because its depending on operating cycle period
1. Unearned Revenue is the correct answer since the service is not due
1. Unearned Revenue is right option. The note payable two year is Long Term Liability
The correct answer is :1- Unearned Revenue
Option no. 1 "Unearned Revenue" will be classified as current liability.
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