Is there any instances whereby unearned revenue could be classified as non current liability?

1 answer

Answer

1019456

2026-08-15 16:20

+ Follow

When long term liabilities are due after 12 months, then (part of) unearned revenue can be long term. This could be the case with long term contracts, such as maintenance, help-desk support, etc, where the fees for such services are paid up front for several years by the customer.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.