Which of the following would not result in a credit to Deferred Revenue?

A) rent collected in advance from tenants
B) services performed on account
C) sale of season tickets to hockey games
D) sale of two-year magazine subscription

Deferred Revenue

Money received by a company for goods or services which have not yet been delivered or provided, recognized as a liability.

Season Tickets

Tickets sold for a set number of pre-determined events, commonly used for sporting events, theater performances, and concerts, often offering a price advantage over single-event purchases.

Magazine Subscription

A payment made to receive regular issues of a magazine for a specified period, often recognized as deferred revenue in accounting until the subscription is fulfilled.