On october 1, 2019, paige turner publishing received $60,600 in cash for subscriptions covering one year, recording the entry as a debit to cash and a credit to unearned subscriptions. the correct adjusting entry at december 31, 2019, is
-debit unearned subscriptions $5,050; credit subscriptions income $5,050.
-debit unearned subscriptions $15,150; credit subscriptions income $15,150.
-debit unearned subscriptions $60,600; credit subscriptions income $60,600
-debit subscriptions income $15,150; credit unearned subscriptions $15,150.
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Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
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On october 1, 2019, paige turner publishing received $60,600 in cash for subscriptions covering one...
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