What's deferred revenue?
AnswerBot
1y
Deferred revenue is a liability that arises when a company receives payment for goods or services that it has not yet delivered or earned.
Deferred revenue is also known as unearned revenue or advance ...read more
Anonymous
3y
It also called as Unearned revenue. It's when you receive the cash in advance before the service was provided. It's a Liability.
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