Typical injection site hypertrophy is several inches or cm across, smoothly rounded, and somewhat firmer than ordinary subcutaneous fat. There may be some scar tissue as well, but the major component is adipose tissue, as insulin exerts a hypertrophic effect on adipose cells.
A 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. The income statement, also known as a profit and loss statement, indicates the income generated by a business over a period of time. The income statement contains a companyâs revenue, expense and income tax information.
And so, unearned revenue should not be included as income yet; rather, it is recorded as a liability. This liability represents an obligation of the company to render services or deliver goods in the future. It will be recognized as income only when the goods or services have been delivered or rendered.f at the end of the year the company earned 20% of the entire $30,000, then the adjusting entry would be: By debiting Service Income for $24,000, we are decreasing the income initially recorded. The balance of Service Income is now $6,000 ($30,000 - 24,000), which is actually the 20% portion already earned.