How to Account For Deferred Revenue: Revision history

21 March 2023

• curprev 08:1408:14, 21 March 2023 Lukegao1 talk contribs 1,443 bytes +1,443 创建页面，内容为“ Deferred revenue is revenue that has been collected in advance but has not yet been earned. It is a liability on the company's balance sheet until the goods or services have been provided to the customer. Here's how to account for deferred revenue: 1. Record the initial transaction: When you receive payment for goods or services that haven't been delivered yet, record it as deferred revenue in your balance sheet. This creates a liability that reduces your…”