WebClassify the Unearned Interest account as one of the following. a. current asset b. non-current asset c. current liability d. non-current liability e. equity account Which of the... Webunearned rent revenue is (a) debited when rent is received in advance (b) a contra account to rent revenue (c) a revenue account (d) reported as a current liability current ratio …
What is unearned revenue? Top FAQs on unearned revenue
Webin excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; cumulative earnings for year prior to … WebRental Income 786,153$ 801,075$ (14,922)$ -1.86% Federal Grants 2,043,164 2,327,712 (284,548) -12.22% ... liability under unearned revenue. ... 353 Non-current Liabilities - Other $0 $0 $0 $0 $0 354 Accrued Compensated Absences - Non Current $7,863 $3,619 $13,635 $25,117 $25,117 355 Loan Liability - Non Current $0 $0 $0 $0 $0 ... how can i find someone online
Unearned Revenue: What It Is, How It Is Recorded and …
WebThis section includes two classifications, current and non-current liabilities. Current liabilities include any obligations repayable within the next 12 months. Usually, these consist of short-term liabilities that companies owe from their operations. For example, these may involve accrued expenses or accounts payable. WebUnearned Revenue (Note 5) 20,000 Note Payable (Note 6) 230,587 Event Deposits 1,040,654 Total Current Liabilities 1,647,827 Noncurrent Liabilities: Net Pension Liability (Note 7) 2,983,669 Net OPEB Liability (Note 8) 1,024,753 ... Center allowed discounts related to event rentals which totaled $674,553 in fiscal year 2024. WebA. Current assets B. Noncurrent assets C. Current liabilities D. Noncurrent liabilities E. Equity F. Note to financial statement. Items. 1. Accrued interest on bonds payable 2. Accrued rental income 3. Accrued interest on note receivable 4. Advances to suppliers 5. Advances to affiliated entities 6. The entity is a defendant in a law suit for a ... how can i find saved passwords