Deferred Revenue: What Is it, How to Record, & More - Patriot …
https://www.patriotsoftware.com/blog/accounting/deferred-revenue-record-calculate/
webOct 26, 2022 · Deferred revenue is sometimes called unearned revenue, deferred income, or unearned income. As you deliver goods or perform services, parts of the deferred revenue become earned revenue. For example, if you charge a customer $1,200 for 12 months of services, $100 per month will turn into earned revenue while the remaining …
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