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Deferral Adjusting Entry
An accounting entry made to defer the recognition of revenue or expenses to a future period.
Unearned Revenue
Money received by an entity for a service or product that has yet to be delivered or completed.
Interest Revenue
Income earned from lending money or from investments in interest-bearing accounts or securities.
Matching Revenue
The accounting principle of recognizing revenue and the related expenses in the same accounting period to accurately report profit.
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