Which of the following is considered to be unearned revenue?

A) theater tickets sold last month for yesterday's performance
B) theater tickets sold yesterday on credit for yesterday's performance
C) theater tickets that were not sold for the current performance
D) theater tickets sold for next month's performance

Unearned Revenue

Unearned revenue represents money received by a company for goods or services yet to be delivered or performed, also known as deferred revenue.

Theater Tickets

Tickets sold for admission to live performances at a theater, representing the purchase of the right to occupy a seat for a specified event.

Next Month's Performance

Predictive financial or operational metric projections that estimate a company's activities or financial status for the upcoming month.