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it depends on the period at which we will provide the service , when the services will be provided in less than1 year unearned Revenue will be Current Liabilities but when the services will be provided in more than1 year unearned Revenue will be Noncurrent Liabilities
but usually unearned Revenues considered Current Liabilities
answer is very simple
It is a short term Liability
its short term liability not a long term
current liability .........
Unearned revenue normally appears in books of newspaper publishers, entertainment companies, telecommunication operators etc. because the nature of their business is such that cash is received before services are provided.
Unearned revenue is future obligation so its a Long term liability
