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Darryl_T

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Darryl_T

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Thursday, 08/26/2021 9:47:57 PM

Thursday, August 26, 2021 9:47:57 PM

Post# of 278110
$250,000.00 recieved for 800 kg of KBLB fiber.

Unearned revenue is originally entered in the books

as a debit to the cash account and a credit to the

unearned revenue account. The credit and debit are

the same amount, as is standard in double-entry

bookkeeping. Also, each transaction is always

recorded in two accounts.

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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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