Business, 25.11.2019 20:31 northsidehotboy
Acompany has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to customers. when the company mails the first quarterly journal to customers, it should record: a. debit unearned revenue $11,250, credit sales $11,250.b. debit prepaid subscriptions $11,250, credit sales $11,250.c. debit prepaid subscriptions $33,750; credit unearned revenue $33,750.d. debit cash $11,250, credit sales $11,250.e. debit unearned revenue $45,000; credit cash $45,000.
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Acompany has advance subscription sales totaling $45,000 for the upcoming year when four quarterly j...
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