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27. Southern Foodie Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 80,000 subscriptions in January at

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27. Southern Foodie Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 80,000 subscriptions in January at $30 each. What entry is made in January to record the sale of the subscriptions? a. Subscriptions Receivable 2,400,000 Subscription Revenue 2,400,000 b. Cash 2,400,000 Unearned Subscription Revenue 2,400,000 c. Subscriptions Receivable 400,000 Unearned Subscription Revenue 400,000 d. Prepaid Subscriptions 2,400,000 Cash 2,400,000 Open Word +

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