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19. Ski Quarterly typically sells subscriptions on an annual basis, and publishes four times a year in January, April, July and October. The magazine sells
19. Ski Quarterly typically sells subscriptions on an annual basis, and publishes four times a year in January, April, July and October. The magazine sells 70,000 subscriptions in January at CHF20 each. What entry is made in January to record the sale of the subscriptions? a. Accounts Receivable. Subscription Revenue 1,400,000 b. Cash.. Unearned Subscription Revenue. 1,400,000 c. Accounts Receivable . Unearned Subscription Revenue. 1,400,000 d. Prepaid Subscriptions Cash 1,400,000 1,400,000
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