Question
caden started a new publication called contest news. its subscribers pay $42 to receive 12 monthly issues. with every new subscriber, caden debits cash and
caden started a new publication called contest news. its subscribers pay $42 to receive 12 monthly issues. with every new subscriber, caden debits cash and credits unearned subscription revenue for the amounts received. the company has 100 new subscribers as of july 1st, 2017. it sends contest news to each of these subscribers every month from july through december. assume no changes in subscribers, prepare the journal entry that caden must make as of December 31st, 2017, to adjust the subscription revenue account and the unearned subscription revenue account. What does the current account balance equal?
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Evaluating The Effectiveness On Internal Audit Departments
Authors: W. Steve Albrecht, Keith R. Howe, Dennis R. Schueler, Kevin D. Stocks
1st Edition
089413177X, 978-0894131776
