Question:What is meant by "Deferred Revenue"? 

A Revenue that the company expects to make in the next 12 months. 
B Revenue which the company is counting as a liability until it is earned. It is also referred to as Unearned Revenue. 
C An asset on the balance sheet because a customer has prepaid for services. 
D Strictly a tax item, a way of deferring taxes is counting revenue as deferred as well. 

+ Answer
D 

+ Explanation
answer not sure

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Md. Habib Ullah

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