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Contract liability is a companys obligations to transfer goods or services to a customer for...

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Accounting

Contract liability is a companys obligations to transfer goods or services to a customer for which the company has received consideration from the customer. An example of a contract liability is

a. Prepaid subscription. b. Unearned magazine subscription. c. Mortgage Payable. d. Service Revenue.

I thought the answer was A but it was B. What's the difference between A and B?

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