David adam
New member
Deferred revenue journal entry recall on a company's income statement. An earnings statement has numerous essential reporting files to calculate a company's financial health. The income statements report earnings and spending and offer you several details about how profitable the organization is in a limited time, etc. Deferred revenue does not appear on an earnings statement since the revenue has not been delivered by the business, which implies that the organization has no income due to not providing the item or service at the right time.