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Unearned Revenue

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Unearned Revenue

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  • August 2, 2024 at 9:48 am #709087
    asmaalhemairi
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    if we need to send an invoice to a customer on July 24 for a service that will be provided on Dec 24, and the payment hasn’t been made yet, would this be classified as unearned revenue for July? If it is, could you please share the journal entry for this transaction ?

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