Solved 7 Unearned revenues are recorded on a company’s

by | Jan 9, 2023 | Bookkeeping

Funds in an unearned revenue account are classified as a current liability – in other words, a debt owed by a business to a customer. Once a delivery has been completed and your business has finally provided prepaid goods or services to your customer, is unearned...

Money Order vs Cashier’s Check: Limits, Cost, and More

by | Nov 8, 2022 | Bookkeeping

If you don’t need the cash right away, deposit the check into your account, and it should clear within three to five business days. You might need a cashier’s check to make a security deposit on an apartment, for example, or to cover the down payment on a new car....