Why is unearned revenua considered a liability?

Question

Why is unearned revenua considered a liability?

Answer 1

Because you have already made the money, but not yet provided the service. You owe somebody something.

If I gave you 20 dollars to give me a hotdog a day for 20 days, you would have 20 dollars, but it would be a liability until you fulfilled your end. Meaning that you still have to buy the product and produce it for me.

Answer 2

Be more decriptive of what you are talking about if you want poeple to anwser. We arnt dictionary geneouses like you