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On September 1, 2021. Fortune Magazine sold 660 one-year subscriptions for $89 each. The total amount received was credited to Deferred Subscription revenue. What is

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On September 1, 2021. Fortune Magazine sold 660 one-year subscriptions for $89 each. The total amount received was credited to Deferred Subscription revenue. What is the required adjusting entry at December 31, 2021? Multiple Choice 19.580 Deferred subscription revenue Subseription payable 19,580 19,580 Deferred subscription revenue Subscription revenue 19,580 59,740 Deferred subscription revenue Subscription revenue Prepaid subscriptions 19,580 39,160 39,160 Deferred subscription revenue Subscription revenue 39,160

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