Which of the following liability accounts is likely to be satisﬁed with other than payment of cash?
A) Wages payable
B) Deferred subscriptions revenue
C) Accounts Payable
D) Income taxes payable

Question

Quizplus · Accepted Answer

Deferred subscriptions revenue is a liability that is typically satisfied by providing a service (such as access to a subscription-based product) rather than by paying cash.

Which of the Following Liability Accounts Is Likely to Be