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.
Report Abuse. Unearned revenue is a balance sheet account which does not get closed with your closing entries. It will be adjusted from the unearned revenue to the revenue account as it is earned. So it will remain on your closing trial balance.Hope this helps.or example at the beginning of the period you have $1000 of unearned revenue. But then at the end of period the balance for the account of unearned revenue is $400, that means you have to adjust it by $600 :) So sum that all up, unearned rev is not closed, but adjusted. Source(s): Just Me Â· 9 years ago. Thumbs up.