Deferred revenue and unearned revenue both refer to cash that has been received but not yet earned.

Name: Deferred revenue and unearned revenue both refer to cash that has been received but not yet earned.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Deferred revenue and unearned revenue are accounting terms that both refer to money received by a company for goods or services that have not yet been provided to the customer, thus it has not been earned yet.

Deferred Revenue and Unearned Revenue Both Refer to Cash That