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hich of the following is not is liability?

hich of the following is not is liability?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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30 and 31

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30. The grant in recognition of specific expenses shall be a. recognized as income in excess of the period of the related expenses b. Recognized as income over the period of the related expenses c. Recognized as income shorter than the period of the related expenses d. Not be recognized as income 31. Which of the following is not is liability? a. Deposit received from customer b. Unearned revenue c. Zero interest-bearing note payable d. Stock dividend
Transcribed Image Text:30. The grant in recognition of specific expenses shall be a. recognized as income in excess of the period of the related expenses b. Recognized as income over the period of the related expenses c. Recognized as income shorter than the period of the related expenses d. Not be recognized as income 31. Which of the following is not is liability? a. Deposit received from customer b. Unearned revenue c. Zero interest-bearing note payable d. Stock dividend
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