Draw the Bathroom Walls. The first Bathroom we will draw will be 5 feet by 8 feet. Our 32 inch door will open towards the wall, so when the door is fully open, it will rest against the perimeter of the room as to not interfere with traffic. The window will be 32 inches in width and will give daylight to the room.
For accounting purposes, unearned income is debited from a cash account and credited to the unearned revenue account. Unearned revenue accounts should be reported as liabilities on the balance sheet to prevent the possibility of overstating revenue or income.
The cash flows from unearned revenue are recorded on the cash flow statement. Unearned revenue flows through the income statement, as it is earned by the company. One factor to keep in mind is to make sure the prepaid revenues are collected with cash, not with an accounts receivable.he cash flows from unearned revenue are recorded on the cash flow statement. Unearned revenue flows through the income statement, as it is earned by the company. One factor to keep in mind is to make sure the prepaid revenues are collected with cash, not with an accounts receivable.