ACC 291 Week 2 DQ 1

Feb 3rd, 2012
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What types of industries have unearned revenue? Why unearned revenue is considered a liability? When is the unearned revenue recognized in the financial statements? Do you think that your current or former employer organization may record unearned revenue? Why or why not?

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ACC 291 Week 2 DQ 1 What types of industries have unearned revenue? Why unearned revenue is considered a liability? When is the unearned revenue recognized in the financial statements? Do you think that your current or former employer organization may record unearned revenue? Why or why not? If you are unemployed, you have the option of downloading an annual report of a publicly traded company to answer the last part of the DQ based on your review of liabilities section of the balance sheet. Remember to reference the cited source for the balance sheet you reviewed to prepare your resp

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