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    astronom's Avatar
    astronom Posts: 4, Reputation: 1
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    #1

    Mar 2, 2008, 08:32 PM
    Revenue account
    When closing a revenue account is unearned revenue added to revenue?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Mar 4, 2008, 05:30 PM
    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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