Why is unearned revenue considered a liability


Problem 1) Would you rather have a hundred dollars today or a hundred dollars a year from now? Why?

Problem 2) What are the underlying concepts behind time value of money?

Problem 3) What are examples of long-term notes payable in our personal finances?

Problem 4) Why is unearned revenue considered a liability?

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Finance Basics: Why is unearned revenue considered a liability
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