Unearned Income (SF.BS.UnearnedIncome) refers to unearned interest income, where the nominal value of a loan includes prepaid interest income, and a portion of the prepaid interest income is not yet earned at the end of a fiscal period.

As it is an asset account, Unearned Income (SF.BS.UnearnedIncome) is shown as a negative figure. Unearned Income (SF.BS.UnearnedIncome) includes:

• Net deferred loan origination fees

Related Entries

• Acceptances Outstanding (SF.BS.AcceptancesOutstanding)
• Accounts Payable (SF.BS.AccountsPayable)
• Accounts Receivable – Trade, Gross (SF.BS.AccountsReceivable_TradeGross)
• Accounts Receivable – Trade, Net (SF.BS.AcctsReceivable_TradeNet)
• Accrued Expenses (SF.BS.AccruedExpenses)