On which of the following businesses' balance sheets would you most likely expect to see an unearned revenue account?
A)Coffee shop
B)Women's clothing store
C)Manufacturer
D)Airline

Question

Quizplus · Accepted Answer

An airline would most likely sell tickets before the actual flight, creating unearned revenue that would be recognized as revenue once the flight is completed. The other businesses listed typically do not have prepayments or unearned revenue.

On Which of the Following Businesses' Balance Sheets Would You