Journal entry definition

For the credit side, it will consist of the deferred revenues account. This account helps record revenues companies have received but haven’t earned. Therefore, the journal entries for subscription revenues will be as follows. Because there is no commission, the price at which shares are purchased represents a good deal for buyers. If necessary, the…

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Journal entry definition

For the credit side, it will consist of the deferred revenues account. This account helps record revenues companies have received but haven’t earned. Therefore, the journal entries for subscription revenues will be as follows. Because there is no commission, the price at which shares are purchased represents a good deal for buyers. If necessary, the…

Read More