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Monypit

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Monypit

Re: Monypit post# 18230

Friday, 08/13/2010 8:55:03 PM

Friday, August 13, 2010 8:55:03 PM

Post# of 65657
what did I type??? Sorry to be misleading.

deferred revenue = revenue that is yet to be earned and is shown as a liability because goods and/or services still need to be given. Like a reversal of the book entry of a pre-paid on the payer's side.

Friday and too mant beers messes up everything, lesson learned and have a great weekend all.
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