ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 299

b. Disclose the amount of the dividends in arrears.
c. Record a liability for the current year ' s dividends only.
d. No disclosure or recognition is required.
43. Which of the following situations may give rise to unearned revenue?
a. Providing trade credit to customers.