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.
Unearned fees show up under liabilities. Liabilities are obligations (to pay cash, render services, or deliver goods) to other parties. When customer pay in advance, the firm has an obligation to the customer. When the firm does deliver the products/render the services, the liability unearned revenues is reduced and sales are recognized.