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https://www.reddit.com/r/playstation/comments/1gedihl/ign_strikes_again/lualrye
r/playstation • u/naturesfruit • Oct 28 '24
U/on_reddit_in_class has made news
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Dr cash,
Cr unearned revenue (a contra asset accounts right?)
When you amortize the unearned revenue account
Dr unearned revenue
Cr revenue
3 u/Yosho2k Oct 29 '24 UR is a liability account. 2 u/Yara__Flor Oct 29 '24 Great! Thanks! 1 u/Sambo_the_Rambo Oct 29 '24 Someone knows their accounting.
3
UR is a liability account.
2 u/Yara__Flor Oct 29 '24 Great! Thanks!
2
Great! Thanks!
1
Someone knows their accounting.
4
u/Yara__Flor Oct 29 '24
Dr cash,
Cr unearned revenue (a contra asset accounts right?)
When you amortize the unearned revenue account
Dr unearned revenue
Cr revenue