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94. Ski Quarterly typically sells subscriptions on an annual basis, and publishes four times a year in January, April, July and October. The magazine sells

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94. 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 If Ski Quarterly publishes a quarterly financial statement at March 31, the adjusting journal entry to recognize revenue will include a. a debit to Cash for CHF466,667 b. a debit to Subscription Revenue for CHF466,667 c. a debit to Unearned Subscription Revenue for CHF350,000. d. a credit to Prepaid Subscriptions for CHF350,000

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