Deferred Revenue Explained | Adjusting Entries

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Deferred Revenue can be a real head-scratcher. As if Adjusting Entries weren't already confusing enough... Deferred Revenue, Unearned Revenue and Prepaid Revenue all mean the same thing!

In this video, you'll find out what these terms mean and I'll show how to account for them correctly, using Journal Entries and T Accounts.

I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry...

▪ Intro to Adjusting Entries → https://youtu.be/H0N7tvXuJlU
▪ Prepaid Expenses → https://youtu.be/RE7wrflFOGA
▪ Deferred Revenue → https://youtu.be/F1zNQ1wga7o
▪ Accrued Expenses → https://youtu.be/9aZ6CCj-ies
▪ Accrued Revenue → https://youtu.be/7ibN25VCvFg
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Видео Deferred Revenue Explained | Adjusting Entries канала Accounting Stuff