Multiple Choice
Revaluation Magazine receives $90 in advance from a customer for a 3-year subscription. Revaluation Magazine's entry to record this transaction would include:
A) debit to Unearned Subscription Revenue for $90
B) credit to Subscription Revenue for $90
C) debit to Subscription Revenue for $90
D) credit to Unearned Subscription Revenue for $90
Correct Answer:
Verified
Correct Answer:
Verified
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