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Nationwide Magazine sells 60,000 subscriptions in March at $15 each. The entry is made in March to record the sale of the subscriptions would include
Nationwide Magazine sells 60,000 subscriptions in March at $15 each. The entry is made in March to record the sale of the subscriptions would include a:
A. debit to subscriptions receivable for $900,000.
B. debit to prepaid subscriptions for $900,000
C. credit to cash for $900,000.
D. credit to unearned subscription revenue for $900,000.
An audit opinion stating that the statements are unreliable is known as a(n):
Group of answer choices
A. disclaimer.
B. qualified opinion.
C. clean opinion.
D. adverse opinion.
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