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lakshminarasimham mallareddi's image
Question added by lakshminarasimham mallareddi Manager Finance & Accounts M/s. Vandana Global Limited, Raipur, Chhattisgarh
9 years ago
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Ihab El Mortada's image
Question added by Ihab El Mortada Business Development Manager Fookis Labs
10 years ago
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Aamir Shad's image  
Answer added by  Aamir Shad, Internee, Toyota Sahara Pvt. Ltd
9 years ago

Unearned revenue and deferred revenue are the two names of the same concept. It is the amount which is received from the customer but the product or the service is not ye ... See More

Muhammad Rashid Muhammad's image  
Answer added by  Muhammad Rashid Muhammad, AUDIT SUPERVISOR, S.M. SUHAIL & CO (CHARTERED ACCOUNTANT)
9 years ago

Unearned revenue is a part of Balance sheet n deferred  revenue is a liability because its link with revenue but not earned yet.  

Muhammad Zeeshan Hyder's image  
Answer added by  Muhammad Zeeshan Hyder, Chief Accountant, SAED Group International (Al Dabbagh Group)
9 years ago

Both are same in nature... As both can be defined as the amount of revenue received in advance of providing goods or services. Both are treated as liablity and would be r ... See More

Naveed Ahmad's image  
Answer added by  Naveed Ahmad, Director of Finance and Business Support, The House Hotel by Kerten Hospitality
10 years ago

Unearned revenue is the revenue which is not yet handed over to the recipient but is recorded in your balance sheet. Deferred revenue is a liability because it refers to ... See More

Saad ullah's image  
Answer added by  Saad ullah, Accountant, Mansour Al Mosaid Trading and Contracting Company
9 years ago

Both are same which earned in advance to perform services and also for goods when services or goods provided it turn into earned revenue .

Hafiz Amjad Mehmood's image  
Answer added by  Hafiz Amjad Mehmood, Project Accounting Manager, Huta Group
9 years ago

Unearned or Deferred Revenue is one & the same thing, It refers to the revenue that has been billed or collected but the related service has not yet been provided or ... See More