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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 Analyze, Post, Unadjusted Trial Balance Journalize, Post, Adjusted Trial Balance Unadjusted Trial Balance, Adjusted Trial Balance, Close