Unearned Revenue

[@MyFinancialFocus]

One of my favorite line items. As a business owner there’s nothing better than receiving cash before delivering goods and services. Free cash flow!

[@sunilchauhanish]

Iam from IIM and I still watch your videos for basics......... You are awesome.......!!!! Thanks a lot for all the videos.

[@Edspira]

Thank you for the encouraging words. Take care!

[@StateofPeaches99]

Thank you for posting.

[@xXintuitionXx]

Is the equivalent of deferred income?

[@Edspira]

John 3:16 Yes, unearned revenue is sometimes called deferred income

[@sea7940]

Thank you!!!!

[@FirstLast-ue9oc]

this video was uploaded on 2014 but he used an example in 2017, is this a coincidence or what

[@Edspira]

I simply used a later date in the video so that it would stay relevant for longer. Everything in this video is still up-to-date and in accordance with GAAP. Thanks for watching!

[@FirstLast-ue9oc]

thank you for creating video, it was very helpful to me, saved a lot of time.