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Home > Business & Careers > Accounting   »   Revenue account

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Old Mar 2, 2008, 07:32 PM
astronom
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Revenue account
When closing a revenue account is unearned revenue added to revenue?

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Old Mar 4, 2008, 04:30 PM   #2  
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Unearned revenue is a liability, not revenue. If it's paid but unearned, it's still an obligation the company has to perform the work.
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