GB 518 RANK Career Path Begins/gb518rank.com GB 518 RANK Career Path Begins/gb518rank.com | Page 16

$13,718
$13,155
$13,284

Question 21. Question :
the financial statements as:

Unearned revenue is reported on

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 22. Question :
Which of the following identifies
the proper order of the accounting cycle?
Analyze, Journalize, Unadjusted Trial
Balance