Time Warner is a publishing and communications company, specializing in magazines, cable television operation, television program development, and other telecommunication services. Its financial statements show $37,666 in an account called "Unearned Subscriber Revenue," which represents amounts that customers have paid in advance of receiving magazines, cable television, and internet services. What type of account is this and
On what statement is it reported?
A) Option A
B) Option B
C) Option C
D) Option D

Question

Time Warner is a publishing and communications company, specializing in magazines, cable television operation, television program development, and other telecommunication services. Its financial statements show $37,666 in an account called "Unearned Subscriber Revenue," which represents amounts that customers have paid in advance of receiving magazines, cable television, and internet services. What type of account is this and
On what statement is it reported? 
A) Option A 
B) Option B 
C) Option C 
D) Option D

Quizplus · Accepted Answer

The Answer of Time Warner is a publishing and communications company, specializing in magazines, cable television operation, television program development, and other telecommunication services. Its financial statements show $37,666 in an account called "Unearned Subscriber Revenue," which represents amounts that customers have paid in advance of receiving magazines, cable television, and internet services. What type of account is this and
On what statement is it reported? 
A) Option A 
B) Option B 
C) Option C 
D) Option D

Time Warner Is a Publishing and Communications Company, Specializing in Magazines