What type of account is unearned revenue
Question: Your client signs a 12-month rental agreement with your company on 1/1/07 for $12,000. What entry is required:1. on 1/1/07?2. on 1/31/07?3. What type of account is "unearned revenue"?
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Your client signs a 12-month rental agreement with your company on 1/1/07 for $12,000. What entry is required:
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