Revenue - Activity in the deferred revenue account (Details) |
6 Months Ended |
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Jun. 30, 2018
USD ($)
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Balance at December 31, 2017 | $ 0 |
Deferral of revenue | 50,070 |
Recognition of unearned revenue | (42,850) |
Balance at June 30, 2018 | $ 7,220 |
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- Definition Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. No definition available.
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- Definition Amount of deferred revenue recognized for transactions arising during the current reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an Entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. No definition available.
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- Definition Amount of revenue recognized that was previously reported as deferred or unearned revenue. No definition available.
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