Unwarned income

Is it unearned income?

Dr Bank

Cr. Deferred revenue

In the same year. 

If it is a project, and if it is borrowing costs, it will be apotalised. What kind of expenses are they. 

Expense is purchase. If revenue is given in advance then

Dr. Bank

Cr. Deferred revenue

But if the revenue is givem on credit basis

Dr. Receivales/debtor 

Cr.  Sales account.

If they paid cash

Dr. Bank

Cr. Sales