GB 518 Course Great Wisdom / tutorialrank.com GB 518 Course Great Wisdom / tutorialrank.com | Page 8

Question 13. Question :
financial statements as:

Unearned revenue is reported on the

A revenue on the balance sheet

A liability on the balance sheet

An unearned revenue on the income statement

An asset on the balance sheet

An operating activity on the statement of cash
flows

Question 14. Question :
The length of time covered by a set of
periodic financial statements is referred to as the: