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Please see the attached document for the questions. thank you On October 1, 2019, Paige Turner Publishing received S52,200 in cash for subscriptions covering one
Please see the attached document for the questions. thank you
On October 1, 2019, Paige Turner Publishing received S52,200 in cash for subscriptions covering one year, recording the entry as a debit to Cash and a credit to IJnearned Subscriptions. The correct adjusting entry at December 31, 2019, is Multiple Choice O O O O Debit Unearned Subscriptions $52,200; credit Subscriptions Income SS2,200. Debit Subscriptions Income $13,050; credit Unearned Subscriptions S13,OSO_ Debit Unearned Subscriptions S13,OSO; credit Subscriptions Income S13,OSO_ Debit Unearned Subscriptions $4,350; credit Subscriptions Income $4,350.
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