Ask the Community
Ask any professional question and get answers from other specialists.
Unearned revenue and deferred revenue are the two names of the same concept. It is the amount which is received from the customer but the product or the service is not ye ... See More
Unearned revenue is a part of Balance sheet n deferred revenue is a liability because its link with revenue but not earned yet.
Both are same in nature... As both can be defined as the amount of revenue received in advance of providing goods or services. Both are treated as liablity and would be r ... See More
Unearned revenue is the revenue which is not yet handed over to the recipient but is recorded in your balance sheet. Deferred revenue is a liability because it refers to ... See More
Both are same which earned in advance to perform services and also for goods when services or goods provided it turn into earned revenue .
Unearned or Deferred Revenue is one & the same thing, It refers to the revenue that has been billed or collected but the related service has not yet been provided or ... See More