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April 06, 2026, 03:01:13 pm

Author Topic: Prepaid Revenue  (Read 846 times)  Share 

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angryusb

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Prepaid Revenue
« on: August 12, 2012, 11:23:18 pm »
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What's the difference between 'Prepaid Revenue' and 'Prepaid SALES Revenue'?
My textbook talks about both, but I'm not sure if they're the same thing or just different.

some help would be noiice!

BoredSatan

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Re: Prepaid Revenue
« Reply #1 on: August 13, 2012, 12:27:27 am »
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Prepaid Revenue refers to money you receive for services other than sales eg. Rent, Advertising etc

Prepaid Sales Revenue refers to deposits you receive for goods that you will provide in the future, therefore resulting in a future sale of stock
Master of Dentistry, Latrobe University 2011 ATAR: 99.75
ATARnotes Accounting Unit 3&4 Study Guide Author

angryusb

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Re: Prepaid Revenue
« Reply #2 on: August 13, 2012, 11:44:45 am »
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Ohhhhhh righht, thanks for that! :)