Interested to Buy Any Domain ? << Click Here >> for more details...
what is unearned revenue and accounting entries of it.
- 2 Answers
- 7837 Views
- Ernst Young, I also Faced
- E-Mail Answers
Answer Posted / kv
Unearned revenue generally occur in Billing in advance scenario where Billing is done and revenue is not yet accrued. The accounting entry for this transaction would be Dr Receivables A/c and Cr Unearned Revenue. Later on once the revenue is accrued the entry would be Dr Unearned Revenue and Cr Revenue a/c.
| Is This Answer Correct ? | 27 Yes | 0 No |
Post New Answer View All Answers
How do write a discoverer report to identify zero dollar suppliers/invoices where the supplier is on hold?
We have both consumption tax and With Holding Tax on each invoice, will there be any conflict involved?
On what different real time issues you worked while doing P2P cycle implementation?
what is the difference between bonus reserve and bonus expense
What is the meaning holding tax?
explain your project plan with exam pal? i am preparing inter view .............
Anyone provide the oracle fin/scm definetions
difference between 11i&r12
what is the steps to customization ?
Can Adjustments be imported?
What is automation of accounts payable activities (evaluated receipt settlement)?
I am traying to access oracle functiona/ technical interview questions asked by the consultancy "infosys", but i cant find anything when i go the to the links, i need the oracle erp techno functiona questions pls, Thanks, in advance Tovia
Re: While you are in implemenation what are u faced the issues ? tell me what some ap & GL issues?
I am currently working in reputed Org as a Oracle apps end user (AR). Learned R12 functional course, but no real time exp as in support or implementation project.Please guide. thank you.
Provide an overview of AR cash receipt processing.
