wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Subscription received but not yet earned is considered as a/an ________.


A

Expense

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Liability

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Equity

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Asset

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Liability


Subscription received but not yet earned is considered as a liability.


flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Evaluating Subscription
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon