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What is the difference between earned income, unearned (deferred) income, and accrued income?

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Question added by HANNA SABA , Team Leader (Administrative Support), including translation, editing, and writing , Deloitte
Date Posted: 2014/05/11
Muna Barre
by Muna Barre , Employee relations/ Office Administrator/ Receptionist - Front Office/ Telephone Operator , Abu Dhabi Gas Liquefaction Limited (ADGAS)

accrued revenue = booked revenue on income statement but have not earned it.

deferred revenue = earned revenue but have not booked it.

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