On September 1, 2021, Fortune Magazine sold 300 one year subscriptions for $73 each The total amount received was credited to Deferred subscription revenue What is the required adjusting entry at December 31, 2021 A Deferred subscription revenue 7,300 Subscription payable 7,300 B Deferred subscription revenue 7,300 Subscription revenue 7,300 C Deferred subscription revenue 14,600 Subscription revenue 14,600 D Deferred subscription revenue 21,900 Subscription revenue 7,300 Prepaid subscriptions 14,600

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On September 1, 2021, Fortune Magazine sold 300 one-year subscriptions for $73 each. The total amount received was credited to Deferred subscription revenue. What is

On September 1, 2021, Fortune Magazine sold 300 one-year subscriptions for $73 each. The total amount received was credited to Deferred subscription revenue. What is the required adjusting entry at December 31, 2021?

Deferred subscription revenue	7,300
Subscription payable		7,300

Deferred subscription revenue	7,300
Subscription revenue		7,300

Deferred subscription revenue	14,600
Subscription revenue		14,600

Deferred subscription revenue	21,900
Subscription revenue		7,300
Prepaid subscriptions		14,600

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