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Current Attempt in Progress C Bonita Company typically sells subscriptions on an annual basis and publishes six times a year. The magazine sells 85000 subscriptions in January at $15 each. What entry is made in January to record the sale of the subscriptions? Subscriptions Receivable Subscription Revenue Prepaid Subscriptions Cash Subscriptions Receivable Unearned Subscription Revenue Cash Unearned Subscription Revenue 1275000 1275000 225000 1275000 1275000 1275000 225000 1275000

Current Attempt in Progress Bonita Company typically sells subscriptions on an annual basis and publishes six times a year. The magazine sells 85000 subscriptions in January at $15 each. What entry is made in January to record the sale of the subscriptions? Subscriptions Receivable 1275000 C Subscription Revenue 1275000 Prepaid Subscriptions 1275000 Cash Subscriptions Receivable 225000 Unearned Subscription Revenue Cash Unearned Subscription Revenue 1275000 1275000 225000 1275000