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Thread: Monetarism, Point Inflation, and the Coming Devaluation
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Old Oct 12, 2003 | 7:10 pm
  #18  
lensman
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Mountain Trader:
Actually, no, deferred revenue winds up as a liability on the balance sheet until it is taken into revenue.
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So the cash from sales ends up as cash (an asset), the deferred revenue itself ends up as a (balancing) liability, and this liability disappears when the revenue is recognized?
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