
Difference between deferred revenue and unearned income

AnswerBot
1y

Deferred revenue and unearned income are two terms used interchangeably to describe the same concept.
Deferred revenue and unearned income refer to money received by a company for goods or services tha...read more
PARMANAND GUPTA
1y

Deferred revenue and unearned income are essentially two terms for the same accounting concept, and they are often used interchangeably. Both refer to money received by a business for goods or service...read more

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