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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