In your own words, explain the company's reasoning for recording $5.8 million as current revenue while recording

Question:

In your own words, explain the company's reasoning for recording $5.8 million as current revenue while recording the remaining $1.2 million as deferred revenue. Also, document where on the the deferred revenue account would be presented.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...