So technically the terms Sound Card and Audio Interface could be used interchangeably. But for our discussion let's define Sound Cards as hardware internally mounted to your computer, while a studio Audio Interface is an external hardware unit connected via USB or FireWire.
Unearned Revenue Reporting. The unearned revenue amount at the end of the time period is reported on the balance sheet. The cash flows from unearned revenue are recorded on the cash flow statement. Unearned revenue flows through the income statement, as it is earned by the company. One factor to keep in mind is to make sure the prepaid revenues are collected with cash, not with an accounts receivable.
Examples of Unearned Revenue. An example of unearned revenue might be a publishing company that sells a two-year subscription to a magazine. The liability arises from the fact that the company has collected money for the subscription but has not yet delivered the magazines. Another example of unearned revenue is rent that a landlord collects in advance.