Do Deferred Gains Go on the Balance Sheet?

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Do Deferred Gains Go on the Balance Sheet?
Deferred gains are profits that the business has not yet accepted the money. It is sometimes called unearned revenue, and while it represents a future asset, it is treated as a liability on the balance sheet. As a liability, the recorded deferred gains are listed on the right side of the balance sheet equation in liabilities. Understanding how the balance sheet works help clarify why gains are considered a liability until they are realized as an asset, thus gain.

Source: https://smallbusiness.chron.com/deferred-gains-balance-sheet-23624.html