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Microsoft receives a cash payment in advance for cloud services is an example of a. prepaid expense b. accrued revenue c. unearned revenue d. accrued expense On December 31st a calendar year corporation
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41 votes
41 votes
Microsoft receives a cash payment in advance for cloud services is an example of

a. prepaid expense
b. accrued revenue
c. unearned revenue
d. accrued expense

On December 31st a calendar year corporation
owes employees unpaid payroll
a. prepaid expense
b. accrued revenue
c. unearned revenue
d. accrued expense

User Shikjohari
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1 Answer

20 votes
20 votes
1. Unearned Revenue
2. Accrued Expense
User Jason Stewart
by
2.9k points
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