What is the meaning of deferred revenue
AnswerBot
1y
Deferred revenue is an accounting term that refers to revenue received in advance but not yet earned.
Deferred revenue is a liability on a company's balance sheet.
It is recognized as revenue only when ...read more
Raju B
1mo
Deferred Revenue: Payments received before delivering goods/services. Recognized as liability, converted to revenue upon delivery. Represents unearned income, requiring future service fulfillment. Acc...read more
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