The account type and normal balance of Unearned Revenue would be
A) revenue, credit
B) expense, debit
C) liability, credit
D) asset, debit

Name: The account type and normal balance of Unearned Revenue would be A) revenue, credit B) expense, debit C) liability, credit D) asset, debit
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Question

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Unearned Revenue is a liability because it represents money that has been received in advance for goods or services that have not yet been provided. The normal balance for a liability account is a credit balance.

The Account Type and Normal Balance of Unearned Revenue Would