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Quotes of the day:
We are totally opposed to abortion under any circumstances. We are also opposed to abortifacient drugs and chemicals like the Pill and the IUD, and we are also opposed to all forms of birth control with the exception of natural family planning.
Unearned revenue is money received by an individual or company for a service or product that has yet to be provided or delivered. It can be thought of as a prepayment for goods or services that a person or company is expected to supply to the purchaser at a later date. As a result of this prepayment, the seller has a liability equal to the revenue earned until the good or service is delivered.
Unearned Revenue
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