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Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed, and recorded as liabilities, before they are received.
Unearned revenues are
revenues not recorded as revenues until services are performed. | ||
revenues for services already performed, and recorded as liabilities, before they are received. | ||
revenues for services performed but not yet received in cash or recorded. | ||
revenues for services already performed and received in cash, and recorded as revenues when received. |
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