easily broken, shattered, or damaged; delicate; brittle; frail: a fragile ceramic container; a very fragile alliance. vulnerably delicate, as in appearance: She has a fragile beauty. lacking in substance or force; flimsy: a fragile excuse.
unearned revenue - (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet) unearned income. accounting - a system that provides quantitative information about finances. income - the financial gain (earned or unearned) accruing over a given period of time.
A transportation company contracts to provide services to an after-school program for a fee of $24,000, and is paid $12,000 as half of the fee. The $12,000 in unearned service revenue is recorded as a liability on the income statement, and the appropriate portion entered as revenue after each completed month of service.Companies often create a separate category on income statements for unearned revenue.nearned service revenue must be recorded, but it is not entered as revenue on the income statement. Cash received for services that have not been provided is not considered true revenue until the income is earned.