Question
Madson Company typically sells magazine subscriptions on an annual basis and publishes monthly. The magazine sold 90,000 subscriptions in January at $10 each. What would
Madson Company typically sells magazine subscriptions on an annual basis and publishes monthly. The magazine sold 90,000 subscriptions in January at $10 each. What would be the balance in the unearned revenue account after adjusting entries are made at the end of January?
- $ 900,000
- $ 0
- $ 825,000
- $ 75,000
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Forensic Accounting And Fraud Investigation For Non-Experts
Authors: Stephen Pedneault, Frank Rudewicz, Howard Silverstone, Michael Sheetz
3rd Edition
0470879599, 9780470879597
