unearned revenue


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Related to unearned revenue: Accrued Revenue, Deferred revenue
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.unearned revenue - personal income that you did not earn (e.g., dividends or interest or rent income)unearned revenue - personal income that you did not earn (e.g., dividends or interest or rent income)
income - the financial gain (earned or unearned) accruing over a given period of time
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
2.unearned revenue - (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
accounting - a system that provides quantitative information about finances
income - the financial gain (earned or unearned) accruing over a given period of time
References in periodicals archive ?
* Total revenue plus sequential change in total unearned revenue grew 25% year-over-year.
would record a debit to cash and a credit to unearned revenue upon the receipt of $100,000 cash.
This estimate reflects a fair value adjustment to reduce unearned revenue and unbilled unearned revenue by approximately 30%, adjustments related to the combined customer base, and inter-company revenue elimination, as required by U.S.
In addition, state legislation passed in 2013 and 2016 reduced the amount of time the IURC must respond to a rate filing to a maximum of 300 days and provided a make-whole provision that allows regulated entities to adjust rates to recover approved, but unearned revenue requirements that may result when, for instance, revenues are affected by weather or other factors that can lower demand.
2 billion in full, the amount had accumulated interest to Sh8.5 billion by the time the latest judgment was made.The Sh8.5 billion claim included Sh2.4 billion in lost and unearned revenue, Sh860 million general damages, S30 million aggravated damages, Sh275 million special damages, Sh247 million as revenue collected by KAA between 2005 and 2011 from advertising concessions granted to third parties and Sh5 million lost income from rent in 2011.Justice Torgbor allowed Pattni to charge interest at court rates from the date of the first default on the outstanding amount, until paid in full.
When it delivers the digital camera, XYZ immediately recognizes $ 162 of previously unearned revenue from the gift card.
Unearned revenue was USD461.9m, a 54 percent increase from last year.
Unearned revenue, which comes from sales of multiyear deals that will be recognised in the future, was $19.5 billion for the quarter, compared with the $20.5 billion average analyst projection, according to data.
Similarly, the effects of the beginning and ending balances of unearned revenue are opposite upon conversion as well (ending balance subtracted and beginning balance added).
Fourth-quarter unearned revenue, a yardstick of future sales, was $20.1 billion in the three months that ended on June 30, Microsoft said in a statement on Thursday.
Students should be familiar with accounting for accounts receivable, inventory, prepaid expenses, accounts payable, and unearned revenue. Students should be able to distinguish current assets from long-term assets and current liabilities from long-term liabilities (elements of a classified balance sheet).
The total amount of money collected by the FDA in user fees in 2011 is expected to be more than $18 million higher than the $61.8 million appropriated to the agency by the Medical Device User Fee and Modernization Act II--about $8.5 million of that total is classified as unearned revenue, leaving $9.5 million to go back to the industry in the form of user fees.