IS UNEARNED REVENUE AN ASSET OR LIABILITY? March 11, 2021 – Posted in: Bookkeeping

Content Step 2: Revenue Recognition Unearned Revenue (Sales) Video Prepaid Expenses on the Balance Sheet Unearned revenue on financial statements When do you record unearned revenue? Accrued Revenue for SaaS Accounting Without them, a business may be selling something they can’t support or deliver. Unearned revenue can provide clues into future revenue, although investors should note the balance change could be due to a change in the business. Morningstar increased quarterly and monthly invoices but…

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