unearned income account is
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Answer:
income which is received in advance but against that services are not provided so far.
Explanation:
unearned income has to be deducted from gross income and to be shown as current liability till it is recognized as earned during the financial year
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0
Answer:
Unearned income is that income which is received in advance but against that services are not provided so far. Unearned Income has to be deducted from gross income and to be shown as current liability till it is recognized as earned during the financial year.
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