USA Cash receipt journal

[Llvll]

Is advance cash payments from customers and unearned revenue recorded in cash receipts journal?

 

[BIG E]

Yes - but they are properly posted to a liability account, not an income account.
Not every receipt of cash is considered income automatically.

 

[Asha Kanta Sharma]

Cas reciept in Advance will always be considered as an "Advance" which will appear in Balance Sheet. Unless Goods/Service are not discharged revenue will not arise.