Telecommunications
Prepaid Credit Consumed — Revenue Recognition
Recognizing revenue as a prepaid customer makes calls or uses data.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Deferred Revenue (Prepaid Credit) | Liability (-) | 3.50 | - |
| Airtime / Data Revenue (Prepaid) | Revenue (+) | - | 3.50 |
💡 Accountant's Note
Each minute of call, MB of data, or SMS sent reduces the deferred revenue balance and recognizes earned revenue. Billing systems track consumption in real-time.
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