Hello Lauren, Great examples, initially I would have thought that accounts receivable would have been a bad thing. However, throughout this class, I have began to truly understand the meaning of accounting. I also found it interesting that a company who receives payment for work not yet completed is considered unearned revenue and is a liability. What are your thoughts on that? I completely understand the risk associated with the payment and uncompleted work, however, it took me a minute to rap my head around the thought of it being a liability