unearnedrevenue
Unearned Revenue
Unearned revenue, also known as deferred revenue, represents advance payments a company receives for products or services that are to be delivered or performed in the future. It is considered a liability on the balance sheet since the company has an obligation to provide goods or services to the customer.
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Phone: +1 (416) 555-0123
Address: 89 Maple Avenue, Toronto, ON M5H 2N2
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