Unearned Revenues is what type of account?

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A business has the following items in it: - Land $1,000,000 - Machinery $20,00...
Posted by:
Muhammad Mujtaba Shafique
13-February-2016

Asset *Liability *Stockholders' (Owner's) Equity

Budgeting Financial Accounting CMA

Question added by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date Posted: 2016/02/09

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1 Answers

by Mohamed matar , Finance Manager , ASG Group

Unearned revenue

The money is already been received but in exchange for future service is therefore constrain liabilities

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