Product Overview. Sta-Kool 770 Ultra White Elastomeric Roof Coating is a tough, highly flexible, rubberized roof coating. This high-performance, 7-year warranted elastomeric roof coating resists cracking and peeling. The coating also provides a highly protective barrier which reflects the sun's heat and destructive UV rays.
unearned revenue(s) A liability account that reports amounts received in advance of providing goods or services. When the goods or services are provided, this account balance is decreased and a revenue account is increased. To learn more, see Explanation of Adjusting Entries.
The balance sheet indicates the companyâs assets, liabilities and shareholdersâ equity. Unearned revenue appears on the balance sheet as opposed to the income statement. A companyâs unearned revenue account represents an obligation for the company to provide the goods or services to the customer who has already prepaid.