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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 →    • Prepayments and Accruals | Adjusting ...  
▪ Prepaid Expenses →    • How Prepaid Expenses Work | Adjusting...  
▪ Deferred Revenue →    • Deferred Revenue Explained | Adjustin...  
▪ Accrued Expenses →    • Accrued Expenses Broken Down | Adjust...  
▪ Accrued Revenue →    • Accrued Revenue MADE EASY | Adjusting...  

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