Concept
Version 6
Created by Boundless
Unearned and Deferred Revenues
Receipts for magazine subscriptions are a type of deferred revenue.
A deferred revenue item involves cash received before the earnings process is complete.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Magazine Choice | Flickr - Photo Sharing!."
http://www.flickr.com/photos/justin/42536527/
Flickr
CC BY-SA.