Deferred Revenue Explained | Adjusting Entries

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in this video we're going to work

through an example of deferred revenue

in accounting hey there welcome back to

accounting stuff I'm James and in a

moment's time I'm going to take you

through all of the adjusting entries for

a deferred revenue example two examples

and just as a heads up this video is

part of a miniseries I've created

covering adjusting entries in accounting

which you can find linked up here and

down below in the description last week

we do prepaid expenses and very soon

I'll be making more videos covering

accrued expenses and accrued revenue so

hit the subscribe button and click on

the bell so you don't miss out on any of

those but today we're going to focus on

deferred revenue let's get started as

usual I'd like to keep things up with a

definition deferred revenue is what we