Simply, antifragility is defined as a convex response to a stressor or source of harm (for some range of variation), leading to a positive sensitivity to increase in volatility (or variability, stress, dispersion of outcomes, or uncertainty, what is grouped under the designation disorder cluster).
Balance Sheet. A balance sheet indicates a companyâs financial position as of a specific date. The balance sheet indicates the companyâs assets, liabilities and shareholdersâ equity. Unearned revenue appears on the balance sheet as opposed to the income statement.A companyâs unearned revenue account represents an obligation for the company to provide the goods or services to the customer who has already prepaid. company recognizes revenue when a sale is made or when the service is provided. Unearned revenue occurs when a company receives cash but has not yet provided the goods and services. Unearned revenue does not appear on the income statement with the companyâs other revenues.
Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the money is potentially refundable and thus not yet recognized as revenue. Unearned revenue occurs when a company sells a good or service in advance of the customer receiving it.