| 单词 | unearned revenue |
| 释义 | unearned revenueDefinition Payment received before a good is sold or a service is provided. Unearned revenue is classified as a current liability on the balance sheet until it is recognized as earned during the accounting cycle. Use 'unearned revenue' in a SentenceYou may think you are certain that something will sell but you should never count your unearned revenue until it sells. We received a lot of unearned revenue, but knew we would be getting paid really soon, due to pour track record. The unearned revenue was mentioned during the meeting as the account suggested the optimal way to account and record this type of revenue. |
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