Which of the following accounts is increased with a credit?
A)Office Supplies
B)Unearned Revenue
C)Land
D)Prepaid Insurance

Name: Which of the following accounts is increased with a credit? A)Office Supplies B)Unearned Revenue C)Land D)Prepaid Insurance
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Question

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Unearned Revenue is a liability account and is increased with a credit because it represents money that a company has received in advance for goods or services that it has not yet delivered or performed.

Which of the Following Accounts Is Increased with a Credit