Which of the following transactions will most likely result in a decrease in a company's current ratio?
A. Recording of a warranty expense
B. Recording of revenue before cash is received
C. payment of a property insurance policy for the following year
Answer: a
Why not b? I think the unearned revenue should be considered as a current liability too.
[此贴子已经被作者于2011-5-17 21:02:21编辑过] |