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The Monocle, a monthly magazine, typically sells subscriptions on an annual basis, and publishes six times a year. It sells 80,000 subscriptions in January at
The Monocle, a monthly magazine, typically sells subscriptions on an annual basis, and publishes six times a year. It sells 80,000 subscriptions in January at $15 each. Match the correct accounts for the journal entry to be made by The Monocle when it receives the money for the subscriptions in January. Debit IChoose ] Credit Choose ] [Choose ] Subscription Revenue Prepaid Subscriptions Notes Receivable Accounts Receivable Accounts Payable Unearned Subscription Revenue Cash Retained Earnings Previous
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