recognized one-tenth of the income each year and recorded the unrecognized portion as a "reserve" (i.e., unearned revenue
XYZ can immediately recognize $162 of previously unearned revenue
from the gift card.
Ticket sales are recorded as unearned revenue
when reservations are recorded, and change fees are recorded as revenue when reservations are changed.
During the fourth quarter of 2015, FBL Financial Group refined mortality assumptions used in the calculation of deferred acquisition costs, unearned revenue
reserves and certain reserves on interest sensitive products, via unlocking.
Currently, the term deferred revenue is commonly used to describe both unavailable revenue and unearned revenue
on the governmental fund balance sheet.
, a measure of future sales, was $15.7 billion in the first quarter, above the $15.5 billion average analyst estimate.
The increased period-over-period loss can be mainly attributed to a drug development agreement that was mutually terminated by the company and another party and as a result, unearned revenue
of approximately USD1.4m was brought into income in the comparative period in 2010.
<p>And Liddel in October said that unearned revenue
and plentiful cash on hand, both of which remain strong, would "allow us to weather any economic recession in relatively better terms than most." <p>Even stealth Mini-Microsoft wrote Monday that what he wanted was "intelligent, well-thought-out leadership to have seen long ago that we've doubled our ranks far too fast and exceeded our ranks beyond what we can sustain (let alone need).
from dues and sales 744,620 714,190
Assume that the $100 is recorded as cash and that the company now has a liability (unearned revenue
) in the same amount.
The taxpayer treated the $175,000 as unearned revenue
and recorded it as a liability prorated over 10 years (the note's length).