When it delivers the digital camera, XYZ immediately recognizes $ 162 of previously unearned revenue
from the gift card.
Similarly, the effects of the beginning and ending balances of unearned revenue
are opposite upon conversion as well (ending balance subtracted and beginning balance added).
Although students might think of liabilities as unfavorable because they represent an obligation to sacrifice resources in the future, an increase in this unearned revenue
account portends increased sales in the future as these cards are redeemed (or expire and contribute to increases in breakage revenue estimates).
05 in gains related to channel returns estimates and unearned revenue
for a net $0.
Typical examples of unearned revenue
are magazine subscriptions, insurance premiums, school tuition, or a retainer fee received by an architect or other service professional.
A) Unallocated and other reflects royalties paid by equity affiliates, other operating revenues, external shipping and handling fees, and the impact of unearned revenue
The investigation focuses on whether certain individuals violated federal securities laws by, among other things, failing to disclose that: (1) the Company's ability to produce the plant product tonnage was inconsistent with the tonnage the Company had reported to the SEC and investors as shipments of sales in its financial results; (2) by including unearned revenue
the Company's reported financial statements were grossly inflated; and (3) the rate of growth of the Company's business was inconsistent with what it had reported.
increased by $1,263,773 to $6,476,016 during the twelve month period, an increase of 24.
increased by $1,821,512 to $6,922,800 during the twelve month period, an increase of 35.
increased by $930,494 to $6,031,782 during the nine month period.
increased by $239,568 to $5,340,856 during the six month period.
An increase in unearned revenue
provided $440,000 of cash.
increased by $110,955 to $5,212,243 during the three month period.
increased by $976,300 to $4,863,352 during the nine month period.
increased by $1,012,922 to $4,899,974 during the six month period compared with an increase of $1,552,926 to $3,355,970 for the same period a year ago.